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Everybody over the age of 50 gets given £1,000,000 and instantly retires. £1,000,000 is enough to live on from 50 upwards even on interest of 4% would be £40,000 per year. If a retired person or couple can't live on £40k/year then something is seriously wrong. They don't have access to the whole £1m, maybe a fixed amount or if they want to buy a house or whatever, they have to apply for it. They also sacrifice their pension.
So all those people retiring in 10-15 years ANYWAY have now freed up tons of jobs and left enough experienced people in those jobs to help train the younger generation (it's practically happening anyway with apprenticeships). It sounds far fetched to give £1m to everyone between the age of 50 and 70 but the govt are plowing billions into apprenticeships and other "economy boosting schemes" anyway.
It's win-win, big gaps in the job market, tons of millionaires with cash to spend, govt stops WASTING billions on stupid apprenticeships, youth get employed, less people on benefits, hundreds of billions saved in pensions, more people paying taxes it's totally worth spending £100bn or so.
Originally posted by Bixxi3
if everyone getsthe same amount then would that not effect the value of the money?
Originally posted by scottlpool2003
reply to post by VoidHawk
I do believe there are solutions out there for the World's problems, but it just appears that we're too busy wasting more time/effort and money into meaningless schemes. It's the apprenticeships that really winds me up. I saw another one today for a "warehouse operative". What does this job consist of that warrants the government paying to train people to shift boxes and clean up. The same with sales/customer services. I can't go to college or university to learn how to be a warehouse operative or salesperson or customer service person so why the hell are we footing the bill for this? There are already thousands of people working in these sectors that haven't had to go to college to learn these things, they get 'on the job' training which hasn't done any harm over the last 20 years. It's just another abuse of the system and an abuse of our taxes.