There's are no forecasts that suggest anyone (bar the super rich as per) is going to be better off by doing this. Even the leave campaign said it would be a hit worth taking. Given that most people are struggling at the moment. Food costs and fuel are rising quickly, meaning it's going to get worse in the future too. If interest rates rise, which they need to soon, then a lot of people will have to declare bankruptcy as personal debt is huge in this country. There's not much left to cut and we're not close to being solvent. At what stage should our elected politicians step in and say that if we do this then a lot of us could face financial ruin?