As was discussed in last night’s #Peston the case against Labour’s £58bn for the WASPI women, those born in the 1950s whose pensionable age was increased and equalised with men, is NOT that many have not suffered hardship. It is that 1) it provides substantial £30,000...
payouts to many well off women (like @theresa_may) so is not well targeted; 2) the policy sets a serious precedent, namely that any long-term welfare reform to put public finances on a more stable footing is vulnerable to being reversed (the big pension reform happened in...
1995) and that undermines confidence in the long term strength of the public sector’s balance sheet; 3) a much fairer use of much of the £58bn would have been to use it to reduce in-work poverty, especially for families with young families. As @TheIFS says,...
Labour’s welfare plan would reverse only a quarter of austerity cuts since 2010, and it is unclear why Labour seems less concerned by the much more pervasive poverty afflicting younger people and vulnerable children than less widespread poverty among older people. See attached 
