Reform UK's chronicles

[Carth]

[Mr K]

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.

[Pierre]

Originally Posted by Mr K

I'm waiting for any party brave enough to tackle the unsustainable State Pension.

Lots of things are unsustainable, I'm glad you're finally coming around.

- Illegal Immigration and associated costs - unsustainable

- NHS - unsustainable

- Disability/sickness benefits - unsustainable

- Universal credit/ and other benefits - unsustainable

I'm happy to throw pensions in there too, if you want. Let's go through them all.

[Carth]

What is it with you (Mr K) and pensioners?

If you're lucky you may get to be one eventually, then you'll find out it's not as brilliant as social media keep telling you it is.

Until that day arrives, carry on paying for all those 'stealing' your taxes that aren't pensioners, and have probably never worked since leaving school (if they went)

[Sephiroth]

Handbags at dawn, Carth.


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

Originally Posted by Mr K

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.

[Carth]

Originally Posted by Sephiroth

Handbags at dawn, Carth.


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



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.

I'm a pensioner so can't afford a handbag, I do have a pointy stick though

Surely the answer then, is to attain annual economic growth greater than 2½% . . . how hard can it be?

I've said it before, but the biggest issue with the triple lock is that if inflation is low, it will still rise by 2.5% or the average increase in workers' wages! It's a crazy system. It's designed to grow more than the tax receipts to pay for it.

[Pierre]

Originally Posted by Damien

It's designed to grow more than the tax receipts to pay for it.

Like Junior Doctors and train drivers salaries then?

Originally Posted by Pierre

Like Junior Doctors and train drivers salaries then?

Yes, but we need Doctors, and you need to pay them competitively with the countries they can emigrate to. I remember you saying you objected to their pay rise but in real terms their salary decreased since 2010 by 11-16%.

It's just another thing we've put off, and put off, and now the bill is coming due.

We need more Doctors and we're not going to get them if we pay them less than our counterparts in Europe, America and Australia, to name a few. It's not realistic to just say no.