Is ending the triple lock to fund a care service fair....

[mids2019]

To me this is actually not a hugely left wing proposal as middle classes with occupational and private pensions will not notice the reduced increases in state pension significantly.

However poorer pensioners with little other pension provision may be impacted a lot to essentially fund a care service that will be disprotioanrly help the middle classes as their life expectancy is greater.

Is it fair that our poorest pensioners get less to support a care service which would mean a millionaire pensioner would not nèed to sell their assets to access it?

You're right. This is an incredibly niche opinion. I don't expect it to take root any time soon, and probably never (in the UK at least. Of course, it's a very popular view in Singapore, and that's one of the reasons why they're such a wealthy society.)

Right now it is undisputedly harder for young people today than it was for young people even in the 1970s. Housing then was more accessible, entry level jobs didn't need a degree that you have funded yourself and many households survived with just one wage earner which wouldn't be possible now.

When those 30 year olds get to 80 there won’t be a state pension full stop! End of argument

Yes, I forgot to mention that we now have double the amount of government debt versus the 1970s. The credit card has been maxed out and the young are going to be stuck paying the bill. A big difference in the 1970s also was ironically welfare (including pensions) was less of a problem so higher tax receipts went towards debt repayment as opposed to funding an ever ballooning welfare bill.

You are very keen on making big statements without any evidence to back any of them up.
There's no Full Stop! End Of!
What are you basing your strident opinion on exactly?

What type of public sector job?

Check out house prices now compared to 1990’s in comparison to average wages see what you find.

Check out rent prices now compared to 25 years ago

Check out how long the council waiting lists is for housing now compared to 25 years ago….

Can you see the pattern yet? If not then it’s not up to me to educate your if you’re that far removed from the reality of the younger generation that’s on you but to claim this is wrong makes your look naive at best and foolish at worst

I know
it’s was the way he said it which made people think oh great free care home won’t have to sell my home

once people realize what it actually means
I think it’s bye bye labour - thank fuck

Which party introduced right to buy?

😆😆

Let's look at the late 80s, when interest rates spiralled to 14%.
Or the early 90s when negative equity was rife and people were losing their homes.
Or the 70s when workers were forced onto three-day weeks.
If you cherry pick, you can claim anything you want.
At the moment, things are pretty bad for young people, I am not disagreeing with that. But they had another 50 years to even out the peaks and troughs that come their way.
You are talking as if today is the line in the sand and nothing will ever change. That's why I am asking if you have a crystal ball when you make your definitive comments like 'there will be no state pension' as if this is a dead certainty.
I know you think it strengthens your point, but, if I may say so, it makes YOU look foolish.

Genuine question. If the "half the country" who apparently want everything paid for them, stopped getting everything paid for them, how would your life be enhanced?

It's far more common. Even Amazon and McDonald's have in-work degree schemes.

Not chancellor of the Exchequer I hope.

Bit random and we all know who done it. Point is it’s made everything more difficult for the next generation.

If they were engaged in productive work, paying a reasonable wage then it would brilliant for their quality of life and for tax receipts. We have a productivity problem in the UK even amongst some of those in work.

Surely you are not suggesting large number of people on benefits is a good thing for them and for society. Every person who is not in work, who should be, is taking from those who cannot work - like the disabled.

Agree.

No, of course I'm not suggesting that. What I asked was what do these people take away from your life? Because they take nothing from mine. But I agree that work would enhance their lives. It's getting them to see that which is the problem.

What a strange question. If people worked instead of claimed benefits then this would obviously reduce the welfare bill enormously, improve productivity and fuel economic growth. This would at the very least mean that we can start to pay down national debt which would reduce interest payments. This would in time free up money to invest in other important areas such as health, education and defence. All of these would improve my life in a tangible way.

Even if there weren't enough paid jobs for everyone, they could be productive and volunteer to make the country a better place. This also would improve my life in a tangible way. Imagine if our public spaces were well maintained and we had people helping out with our vulnerable in meaningful ways.

A fair bit given the tax burden would lessen for others.

Could this be because benefits have increased. It was Chancellor Brown who brought in all the credits for work, rents and pensions which the Tories never reversed. Why on earth does the State subsidise low paying employers and rapacious landlords,?

So it wouldn't.

It's easy to cherry pick the best bits from previous generations.

But it wasnt all amazing. Whole industries disappeared. Unregulated pension funds meant that the whole lot could be gone propping up failing companies (Maxwell wasnt the only one, rife in the shoe industry). Many employers controlled who could and couldnt join the scheme.

By the time DH and I were buying our first house (1991) endowment mortgages were starting to look very iffy but were still getting sold with wildly optimistic predictions of lump sums at the end. Many people got to the end of the term to find they were far short of what they needed.

Sex discrimination was made illegal in the mid 70s but was still routinely practised (albeit more covertly) when I started work in the late 80s. I know it still happens now but it was far more commonplace.

Ok. Tell me how it would lessen the tax burden. Genuinely. I have paid tax since I was 17, have retired, am still paying it, and will pay it until I pop my clogs. No state pension until 2030.

You’re switching from half the population to you. Your post was about half the country not needing things paid for them.