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Old Yesterday, 18:20   #995
Sephiroth
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Re: Reform UK's chronicles

Handbags at dawn, Carth.


---------- Post added at 17:20 ---------- Previous post was at 17:08 ----------

Quote:
Originally Posted by Mr K View Post
I'm waiting for any party brave enough to tackle the unsustainable State Pension. What will Reform supporters do if that's what Reform decide to reform, to cut public spending ? Nige will be ok, he has a couple of quid tucked away, and like buddy Donald his priority will be making the rich richer.

Change isnt always for the better , you'd think the public would have learnt that by now.
Yes - you're right. The culprit is the 2½% minimum element of the triple lock. Mathematically, if annual economic growth remains below 2½% perpetually, then pensions will exceed cash available (in theory). Hence unsustainable.

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