Quote:
Originally Posted by richard1960
Well Old Boy pensioners are largely protected from austerity as they had or have a triple pensions lock , i don't have a triple pay lock in the public sector.
Its easy to vote for something that does not affect you so the Tories bought the grey vote..
Maxed out credit cards were not the fault of the young, governments that older generations voted for maxed out the UK credit card , and eventually even the banks went bust.
We will see what kind of Brexit we get literally millions of jobs depend on our trade with them in the UK,and I for one am none too keen on any deal that restricts trade.
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You seem to forget that the triple lock was established in an effort to reduce the abject poverty that pensioners who did not also have an adequate occupational pension were experiencing.
The mistake that was made was that it wasn't means tested, so better off pensioners got the benefit as well.
I have experienced myself the restrictions on pay rises in the public sector since the crash, but I know that this has been necessary because witnout it, the debt will just continue rising. Sooner or later, if that debt was not brought down, the economy would crash and we would find ourselves in a worse position than Greece. Is that really what you want?
As for maxed out credit cards, I think you have misinterpreted what I said. We all have to manage our finances as householders. Some people only seem to learn that they cannot spend, spend, spend without having to pick up the consequences later when the banks suddenly don't give them any more money and demand repayment. It is no different with the national economy.
If we endorse Corbyn's solution, poverty will be the name of the game for the young people of today who will inherit the mess. Corbyn doesn't have to worry. he will be retiring age himself soon!