Sources on Austerity and Effects of Welfare on Economy

1 post / 0 new
Matt
Offline
Joined: 1-04-08
Dec 30 2013 05:23
Sources on Austerity and Effects of Welfare on Economy

So I've been looking through the figures on unemployment and what the government actually spends on benefits and unemployment. I'm looking for good information on austerity and the effects of cutting benefits etc. For instance, I remember reading someone's comment somewhere on how people on JSA typically spend their money straight away, so it goes right back into circulation, plus the fact that we pay tax through VAT etc. got me thinking what the effects of unemployment benefits (and welfare in general) actually have on the economy. So if anybody has any good links on anything even remotely relevant that would be appreciated, just anything that will enlighten me on this. Reading anything based on economics has always been a weak point of mine (it's all those fancy words you see).