Generally folk on low incomes have a higher marginal preference for money (of which they are short) over time (of which they have more).
But there are generally good reasons why people who are on various forms of long term benefit are on it. I get the impression that many of these are to do with time factors such as childcare, caring for an adult dependent or having some medical condition that doesn’t fit in well with a classic 9-5. So I’m not sure that keeping 35% of, what I expect would be fairly modest increase in cash is going to have people joyously re-joining the labour market.
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timeasmymeasure
no subject
Date: 2013-01-14 11:42 am (UTC)But there are generally good reasons why people who are on various forms of long term benefit are on it. I get the impression that many of these are to do with time factors such as childcare, caring for an adult dependent or having some medical condition that doesn’t fit in well with a classic 9-5. So I’m not sure that keeping 35% of, what I expect would be fairly modest increase in cash is going to have people joyously re-joining the labour market.