Welfare Reform Bill

I do not have the precise total figures, but it would be £750 a year for each unemployed young person. I suggest that the hon. Gentleman can probably work out the total, but it is probably a few hundred million pounds—a sum that pales into insignificance compared with what is being handed out to banks and what has been taken as retirement pay by just a few bankers. Money put towards unemployed young people would be much more likely to help to stimulate demand in the economy than money that goes to failed bankers. Despite the financial problems that we face, it is immoral to expect young people to have to live on such a small amount of money. I am pleased to see the hon. Gentleman nodding his head, and I hope that he will support the new clause. In conclusion, I wish to give a quotation from the speech that I mentioned earlier; it was made by the current Prime Minister on 27 July 1983. He talked about the unemployment benefit level of £26 a week. That was 26 years ago, and my right hon. Friend felt that it was a completely inadequate sum. Yet here we are today, and unemployed people have to survive on less than twice that amount despite the inflation that has occurred in between. My right hon. Friend said:""The debate about the so-called unemployed trap, and the so-called incentives that it is claimed will be needed to get the unemployed back to work, is designed to obscure what everyone knows. If there are no jobs, no amount of poverty and no degree of destitution will create jobs where none exist."—[Official Report, 27 July 1983; Vol. 46, c. 1242.]" The Government need to do everything that they can to ensure that those jobs exist. They can do—and are doing—a considerable amount, unlike the party that was in Government in 1983. However, the Government of my right hon. Friend, who expressed those sentiments when he first entered the House, should use the power that is now in their hands to pay reasonable benefit to people who are unemployed through no fault of their own.