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reply to post by Painterz
i knew this [lord ] ? and all he had to do once a year was turn up i london and sign his name in a book for £50+ thousand and that was 15 + years ago .
they found a rare bluebell on ground he was going to cut trees down on and some heritage fund payed him £250.000 not to cut it down the wood was only worth a few thousand on that ground .
how the other half live
reply to post by geobro
Reality check (apolitical by the way). Post ww2 there were 10 workers per pensioner now there are 4. Current pensions are paid for out of current taxes, hence the tax burden due to pensioners has increased. This is set to get worse as lifespans carry on increasing. Either you increase immigration to have more people working to pay the taxes to provide pensions OR you increase the pension age to increase the number of workers and decrease the number of pensioners.
As per usual for a rant there are distortions and or cherry picking in the OP. The fact is that post ww2 the average worker died within 4 years of retirement. Today people live for 20 years after retirement. This is not exactly the same in every town across the country there are regional variations. BUT the overall population is living much longer than they did.
This is an unsustainable situation something must change.
Oh and please, don't start the typical Daily Mail rant about people who never work blah blah blah. They are a small minority of people. The vast majority of people work. The majority of welfare goes to pensioners and people in work on low pay (which is really a subsidy for company that should not be in business....think about it)
reply to post by boymonkey74
the 500 billion they are talking about saving with this could easy be taxed out of the city of london and the offshore trusts they have hidden .
my mother worked for the city of westminster council library and got a shock when i showed her that the queen bows to boris johnstone at the city of london and asks his permission to enter the square mile .
i think us plebs need to take to the streets again and show them who is boss
The government has taken over being the family. Naturally, all this comes out of the public coffers, and with booms and busts in the birthrate over the years, is unsustainable.
Of course, people still feel entitled, and what will happen is that they will bleed us dry until there's nothing left for anyone.
reply to post by schuyler
You do know about State Earnings Related Pension Scheme, SERPS, and it's replacement State Second Pension, S2P?
Yes, it's public coffers but it in essence that money has been leant to the government by every taxpayer on the condition it will be paid back come retirement in the form of a weekly payment.