Hi Alice. Yes, your position is clear and consistent. That said, so was Arthur Scargill. But it didn't make him right either. (I was going to say Hitler but felt the analogy would then be a bit insulting and I didn't want to insult you)
The pension timebomb is definitely not a fault of the bankers. You can lay a lot of blame on their door but I doubt you can on this particular one. If you want to blame someone, blame the successive government's who have promised what they cannot deliver and shirked making the tough decisions for political expediency. Make them pay!!! Wait...the government has no money....it has to get it from the taxpayers! That's you, me and our kids!
Interestingly enough, I was talking to my 14 yr old daughter tonight. One of her teacher's had explained to them that they were going on strike because the government wanted them to "...pay £100 more per month for their pension and work longer." My daughter understandably felt this was unfair.
So I explained to her that the problem is that the teachers don't pay enough into their pension scheme so the money they are taking out must be paid for by the taxpayer. And that SHE would be the taxpayer which the teacher's are expecting to pay extra taxes so they can enjoy the pension they've not funded. I asked her a very simple question "Do you want to pay more taxes so the teacher's can enjoy the pension they've been promised?". The answer was "No."
I bet if the teacher's actually explained that what they want is their students to pay more tax so they could enjoy a pension they didn't contribute enough for, I wonder how many of them would also feel this is not fair?
That's effectively what we're saying isn't it? Someone else should pay my pension. And that someone else is our kids and grandkids.