Quote:
Originally Posted by Damien
What does fault have to do with it?
The Government decides where to allocate spending and what it can afford. The Pension lock is an expensive policy and a lot of the low-hanging fruit has already been cut.
Due to the collapsing economic credibility of the country, they're more likely to have to be seen to be eliminating the deficit to bring borrowing under control.
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So I reiterate how is any of that the fault of those who are fortunate enough to have paid into pensions worked their whole life and are comfortable in retirement? Yeah it is likely the last group to be that fortunate. I just think a lot of people approaching pension age now are just jealous they wont be as comfortable as those older.
My Dad worked hard all his life. Did not have a great deal for most his life. I certainly do not begrudge him his comfortable twilight years