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Previously on "The IMF wants to kill pensioners!"

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  • Doggy Styles
    replied
    Originally posted by TheBigD View Post
    Good idea, but with only a finite number of jobs, we end up with more young people being unemployed if older people work for longer.

    Increasing the size of the economy would sort this.
    Which you will with more active people.

    I'm sympathetic to anyone out of a job, including young people like my daughter, but the answer isnt to retire people earlier to make way because all that does is move the dependency from the cheaper young to the more expensive old. Plus, from the old's point of view, they aren't in a position to take a long-term view and need money now.

    And something else: Looking at what has happened over the past 15 years what would we rather have had, older people working longer or shipping in an overseas workforce?

    Leave a comment:


  • AtW
    replied
    Cheap solution to the pensions problem - increase retirement age to 100.

    Leave a comment:


  • TheBigD
    replied
    Originally posted by Doggy Styles View Post
    Up the state retirement age to 70 instead.

    In fact, link it to the average life expectancy, set at working for 70% of our lives.
    Good idea, but with only a finite number of jobs, we end up with more young people being unemployed if older people work for longer.

    Increasing the size of the economy would sort this.

    Leave a comment:


  • escapeUK
    replied
    Originally posted by KaiserWilly View Post
    Or you'll say that in a last act of selfishness, she's eating my wife's inheritance.
    With today's life expectancy by the time I get any money from mine it will have ceased to matter.

    Leave a comment:


  • KaiserWilly
    replied
    Originally posted by BrilloPad View Post
    This is the point. Whem my grandmother was 94 she had totally outlived her usefulness to society. But she still meant alot to me. I miss her alot. Despite her being a cantankerous old bag, she had good advice.
    Possibly.

    My wife's granny is 91. She can't hardly move. She needs assistance 24/7. She is being taken care of in a nursing home. Cost: 800 GBP per week. She sold her house to pay for the residence.

    Fine, you'll say. She saved / invested for the old age and she deserves it.

    Or you'll say that in a last act of selfishness, she's eating my wife's inheritance.

    Both sides are right. Old people deserve some comfort if they want to. But that also prevents young people from "enjoying" now. Resources are finite, and if they go into old people, they don't go into young people. Not to mention the army of carers imported from Africa to look after the old.

    My plan, when I am 91, a cyanide pill und auf Wiedersehen.

    Leave a comment:


  • lukemg
    replied
    Originally posted by escapeUK View Post
    This is why I have never understood governments obsession with stopping people smoking, speeding, over eating etc. We are not short of people, in fact we have too many.
    Totally agree, there is clearly no way of sustaining the expected numbers in old age, plus I would much rather a decent innings then keel over quick than 10 years sat in my own fluids watching the world go by...

    Leave a comment:


  • Gonzo
    replied
    Originally posted by doodab View Post
    The trouble is they don't just die they tend to cost a small fortune first.
    They spend a lot in taxes and don't get to claim a pension for long - it's a win-win situation.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by zeitghost
    Yup.

    Stop feeding them pills like the pills were smarties.
    Its not just the pills. Its the operations.

    Leave a comment:


  • Doggy Styles
    replied
    Originally posted by doodab View Post
    The trouble is they don't just die they tend to cost a small fortune first.
    But tobacco duty brings in a large fortune to pay for smoker illnesses, with plenty left over (for doctors 'n' nurses etc...)

    Leave a comment:


  • doodab
    replied
    Originally posted by escapeUK View Post
    This is why I have never understood governments obsession with stopping people smoking, speeding, over eating etc. We are not short of people, in fact we have too many.
    The trouble is they don't just die they tend to cost a small fortune first.

    Leave a comment:


  • Doggy Styles
    replied
    Up the state retirement age to 70 instead.

    In fact, link it to the average life expectancy, set at working for 70% of our lives.

    Leave a comment:


  • escapeUK
    replied
    This is why I have never understood governments obsession with stopping people smoking, speeding, over eating etc. We are not short of people, in fact we have too many.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by pmeswani View Post
    As long as it doesn't include me, then yes.
    This is the point. Whem my grandmother was 94 she had totally outlived her usefulness to society. But she still meant alot to me. I miss her alot. Despite her being a cantankerous old bag, she had good advice.

    Leave a comment:


  • pmeswani
    replied
    Originally posted by SupremeSpod View Post
    Don't worry, you won't feel a th...

    Leave a comment:


  • SupremeSpod
    replied
    Originally posted by pmeswani View Post
    As long as it doesn't include me, then yes.
    Don't worry, you won't feel a th...

    Leave a comment:

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