Tory DOOM™: Cars

[original PM]

Maybe it is just as the millennials grow up and smell the (probably expensive) coffee that they realise spunking 300 notes a month on a shiny new golf they are never going to own is a tulip idea and it never got them laid anyway.

Just in the friend zone.

[Lockhouse]

With all the debt instruments they've invented to allow people to spend now what they hope to receive in the future, I'm surprised there isn't one to put a mortgage style charge on a pension for spending now, so could lease/buy a car paid from future pension payouts.

The attraction would be that (as with the original appeal of interest only mortgages) the current debt would reduce in real terms over a few decades, if we ever went back to non-'emergency' levels of interest rates and wage inflation that is.

Quite. I'm over 55 so I could take 25% tax free if I wanted to but that's not part of my strategy.

My point being (as I'm sure you knew), is that higher tax is not good for the overall economy.

[Lockhouse]

Maybe it is just as the millennials grow up and smell the (probably expensive) coffee that they realise spunking 300 notes a month on a shiny new golf they are never going to own is a tulip idea and it never got them laid anyway.

Just in the friend zone.

Cars always got me laid. Let's face it not much else would...

[original PM]

Cars always got me laid. Let's face it not much else would...

Using your car to cruise for ladies of the night does not count really....

but....