Kate Andrews writes for The Telegraph Refresh
In essence, the handout acts as a short-term bribe to millennials – accept the cash and turn a blind eye to the serious structural problems, ranging from health to housing, that will prove extremely heavy burdens down the road.
The commission itself serves as case-in-point. Despite acknowledging the structural inequalities young people face, it’s headline solution is a one-off cash payment. There is no mention in its final report of green belt reform; no mention of rolling back childcare regulations, which make costs in the UK some of the highest in the OECD.
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Further IEA Reading: Taxation, Government Spending and Economic Growth