How can government reduce child poverty? | IFS Zooms In

[@InstituteforFiscalStudies]

Thank you for listening, you can find our report on child poverty here: ifs.org.uk/publications/child-poverty-trends-and-policy-options If you want to come and see the podcast recorded live, you can sign up here: ifs.org.uk/events/ifs-zooms-live-how-make-your-first-budget-success Timecodes: [00:00] Introduction: Child Poverty in the UK [00:11] Special Announcement: Live Podcast Event [01:20] Current Child Poverty Stats [02:20] What is Relative Poverty? [05:22] Child Poverty Increase Since 2010 [06:31] Impact of the Two-Child Limit [09:31] Wider Impacts of Poverty on Children [13:39] Policy Approaches to Reduce Poverty [14:50] Cash Transfers vs. In-Kind Support [16:10] Broader interventions [20:00] Housing Costs and Poverty [24:30] Reducing Poverty via Jobs [26:50] Expanding Free School Meals [32:10] Conclusion: Tackling Child Poverty

[@dotty1774]

Just found out I'm in Relative Poverty 🙃

[@thatguy2608]

Stratification Economics has had some negative externalities. You'll see narratives that proclaim the stock of the low income sect is the principal factor. Yet studies of low income babies adopted into high income families shows a high rate of outcomes similar to their adopted environment. You can also look at China and how many people have been taken out of poverty through education and opportunity. How much room is there at the top of the income ladder, the middle, or the lower? The lower income strata has been deemed to be a drag on the others. If it wasn't, nothing would be addressed. It's like I've posted before, the welfare system is there to stabilize the market. Widespread poverty at the point of desperation would create a market where capital would be at high risk. It benefits capital to create a more opportunistic environment. The drawback of that approach is the existing hierarchy could lose a privileged position. How do you transition to a less hierarchical structured economy? You promote more participation in political endeavors. The power to change current conditions starts there. The nutritional aspects discussed in the video is also a good first step, but it is a maintenance approach and should be seen as one. Good video IFS, albeit a surface level discussion of levers that can be taken back when it suits. Structural reform of the economy is needed.

[@Rayjack-m9o]

As in America what percentage of the responsibility to reduce child poverty should fall on the parents And what percentage of responsibility should fall on the Government ?

[@bulltraderpt]

Great question.

[@ldn876]

No one told YOU to have children.

[@bulltraderpt]

@@ldn876 Bizzarre comment

[@basicfilmblog]

​@@ldn876 shut up.

[@ciara9575]

No child gets to choose who their parents are, and every child should have equal opportunity to achieve in life

[@Lilrom2003]

Relative poverty is activism as only absolute poverty is relevant for poor

[@bob1234881]

Yes. So relative poverty increases if the top 50% get richer with on effect to the less well off. Absolute poverty, how long people can afford to not be paid are far more relevant terms.

[@MattGarnham1]

Its crazy how impactful the 2 child benefit cap is. Such an own goal for all governments involved in my opinion

[@rayeasom]

The goverment is not responsible for paying for your children. That’s your responsibility.

[@MattGarnham1]

Yes but this is not some black/white scenario like scroungers pumping out kids for the fun of it. 40% of people on universal credit work and we are having to top them up as work pays them so poorly or we make it so damn hard for people to work whilst having kids. We're one of the only OECD country country to put a limit on numbers of children for benefits (maybe Spain do but I think it's like 4 kids) This whole video talks about when family Income drops educational, mental health all wellbeing factors for children drop. How much money will our gov spend dealing with these kids from really poor backgrounds later in life when it could of been cheaper to help their families cope when they were children?

[@basicfilmblog]

​@@rayeasomits the goverments responsibility to run a country correctly, ehich virtually no goverment is doing. Yet again, shut up.

[@English_lifestyles]

So the author of your 'independent report' into private school VAT actually lived with and was best man for the Labour Minister responsible for the policy implementation. You've utterly, utterly discredited yourselves.

[@sinematographers3344]

Its ok, Starmer will cure poverty with Ozempic

[@stephfoxwell4620]

Relative Poverty is a ridiculous concept. Nobody in Britain is poverty stricken.

[@1ForTheShieldz]

Some are but often it's due to parents not working and not trying to improve life and drinking and smoking the benefits away. I saw it in friends as I was growing up so I know what I'm saying when some have nothing at all. However the parents were at fault from what I saw.

[@stephfoxwell4620]

@@1ForTheShieldz Don't be so snobby and puritanical. Nobody in the UK is poverty stricken.

[@1ForTheShieldz]

@stephfoxwell4620 it's true! Some people didn't even have swimming pools and maids!

[@1ForTheShieldz]

@stephfoxwell4620 also 2 of them had parents to drive them to boarding school and didn't even have a vila in France OR italy! How could they even holiday at Christmas without snow in the mountains! What was they to do? Stay in the uk? Lol who ever does such a thing. They only went to Spain in the summers as well. Can you imagine! How dreadful.

[@stephfoxwell4620]

@@1ForTheShieldz Facetious. But I am still correct. Nobody in Britain is poverty stricken.

[@rayeasom]

Stop people on benefits having children.

[@MattGarnham1]

@@rayeasom so you want immigrants doing all jobs then?

[@bulltraderpt]

@@MattGarnham1 No, but there again, we don't want boat people here do we?

[@rayeasom]

@@MattGarnham1 people who live solely on benefits tend to set very bad work ethics to their children who become the next generation of career benefit bums. People who work set good work ethics to their children.

[@Claire-dg3gh]

​the majority of the workforce are in receipt of benifits. The gov is subsidising business (while giving them taxbreaks) The government is subsidising private landlords investment portfolios(which is propping up sterling,but thats awhole other economic mess). The benefit system doesn't cover basic living cost if either parent takes the 'homemaker' role, so people have to work to 'tick the benifits box' , however, additional earnings dont cover the child care costs. In single parent households there is a bit more 'support' but again not enough to cover the basics. Add in additional factors such as childs travel costs to schools outside their community, huge hikes in food costs, uniform 'requirements', school study supplies, payments for extra curricula activities, internet connection & data costs to facilitate study. The cost of a child is not really represented in the govs idea of a household budget. They dont support a one working parent household & that has knock on effects to the rest of society in many areas beyond just the kids. And this isnt about some idiotic Trad wife trend, its about the devaluation of parenting as a contribution to society. Adulting is super hard these days, parenting doubly so.

[@nickgower8681]

People in Britain don't know what poverty is

[@Claire-dg3gh]

UN independent report on child poverty would disagree with that personal opinion.

[@Visherex]

Lived here since I was born, looks like I've been in relative poverty for most of my life, and many many people I know or grew up with, and I'm a lucky one

[@sinjinsmythe1571]

Correct me if im wrong but the formula for single person in relative poverty is salary - taxes + additional benefits - rent/mortgage, council tax, utilites. Result below £10,000 = relative poverty status. Thats B U L L S H I T!! These nerds are real loose with the term poverty!!