Quote:
Originally Posted by martyh
what's wrong with saving money ?.It's ridiculous that people say the coalition are only doing something to save money ,of course they are it's their job to manage our money, especially money we have borrowed
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The coalition's declared intent was to bring the fiscal deficit into balance within it's five year (s)elected duration. They have failed so far to make any headway and have projected the duration of fiscal balance by the two years they have been in office, which IMO is as much pie in the sky as the initial projection. Give them another three years and with further delays\setbacks I suspect the request will be for another chance to correct what was not previously corrected.
Of course it is ridiculous to criticise a coalition formed to save money for actually doing the job but IMO it is equally ridiculous to think that the objective will be achieved by reducing a 30 year old doctor's pension and raising his\her retirement age to 68 when the amount in extra contributions is minimal and the pay back to the taxpayer is 38 years into the future.
Under the guise of the failed premise of fiscal discipline there is a massive social engineering campaign under way.
The has always been a fact of life which was ignored when the good times rolled and was perpetuated by labour's stupidity. This country lived beyond its means for decades and spent every bit of good fortune available to enhance living standards for the masses. We will have to revert back to a realistic base level and with the Conservatives that means a reversion to the if you can afford it, pay and if you cannot, go without.
Social engineering is achieved with lots of small steps, many of which are by stealth and under the media radar. I watch trends and and I do not like the way the trends are going. If I was half my age I would be looking to move abroad because I sincerely believe that in time anybody who is not very rich will become poor and I have been there and done that and have the scars to prove it.