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Cost of Living

136 posts
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Stormont budget: declaration of war on public services & working class people

Stormont’s return was always going to be on an incredibly weak basis. The fundamental issues at the heart of its suspension in 2022 have still not been resolved. Despite all the grand promises from the executive to solve the multiple crises in our society, including the crisis in healthcare, our public services, and the gender violence epidemic to name a few, the new woefully inadequate spending budget agreed by the main parties will mean only further misery for working-class people in the North.
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Northern Irish capitalism: Misery and exploitation for workers and young people

Working class and young people have seen their wages eroded by an increasing cost-of-living, leading to a real downturn in standards of living. And the economy in the North seems to only be getting worse. Business insolvencies (effectively bankruptcies) in the last quarter of 2023 were 62% higher than in the previous year and were at the highest rate since the data series began in 1960.
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Is the NHS Protected?

The 2023/24 budget does not make for cheerful reading. Further cuts on top of cuts will be detrimental to our public services and working-class people who rely upon them. If you are looking for a silver lining, you may be tempted to say “Well, at least we have our health!” And indeed, it is true - on the surface level alone - that the Department of Health is one of two departments to receive a slight increase in funding, at 0.5%. However, such numbers are incredibly misleading.
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Is the cost of living crisis ending?

Rising rent, soaring energy bills and skyrocketing grocery costs – for many, the cost of living crisis has been a severe cause of financial and psychological stress.  According to capitalist economists previous recession fears were exaggerated, and that inflationary pressures are subsiding. So, it is worth asking, is the cost of living crisis finally coming to an end?
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Belfast Rental Crisis: Homes for people, not profit!

Amidst record levels of homelessness, sky-high rents and endless waitlists for housing - the construction industry and landlords are boasting about record profits. Why is it that we have more vacant properties than homeless in Northern Ireland? Róise McCann analyses the multiple crises that the housing crisis feeds into, and puts forward demands for a movement to challenge dodgy construction barons and landlords alike.
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Do we need landlords?

It is no wonder that so many young people today have a burning hatred for landlords. Thousands of people are forced to seek emergency homeless accommodation, and yet private landlords are raking in huge profits. Chris Stewart analyses the question, "Do we need landlords?"