Reply With QuoteWell, so surprising…..the mythical black hole strikes again. Got to rinse the workers a bit more to cover that £15 billion needed to house them skilled foreigners we love letting in…
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Well, so surprising…..the mythical black hole strikes again. Got to rinse the workers a bit more to cover that £15 billion needed to house them skilled foreigners we love letting in…
Another day another load of budget conjecture.
I think they are probably praying for some kind of multi billion pound rounding error that stops them having to do anything to income tax or NI.
The reality is when the Tories cut NI, they absolutely weren't acting responsibly and Labour could have just avoided this by running on a platform to raise it back to where it was, but that would have taken more balls.
There's 650 people in the HOC (minus those that don't sit) who know that triple lock a) can end and b) needs to end for the country to have any future at all, and none of them have the guts to say it.
British pensioners (not all of course} are generally not that well off compared to equivalent nations.Originally Posted by Eric Cartman
Ultimately, that isn't really relevant but here goes..
They must have found the magic money tree OR maybe it's a combination of them a) having higher mandatory contributions into a ringfenced scheme b) higher average taxation for the average worker OR potentially they are just as ****ed as we are.
The UK pursued a system whereby the intent was for people to contribute to their own retirement via a private scheme and for the state pension to supplement that and now because people didn't, we are trying to shapeshift it into a system whereby the state pension provides a baseline/minimum retirement income. The generation we decided to run this dodgy experiment on? The same one who benefited from skyrocketing asset prices.
People absolutely have not and do not pay enough NI to deal with this and it will bring the whole system down. If triple lock is turned into something more reasonable in the next few years then it will survive as a defacto universal benefit (masking it's failings probably). If it isn't then it will end up being means tested, creating a massive sense of injustice and crucially lessening the incentive for people to save for their own retirement (and providing future governments with yet another lever to **** people over without them noticing).
You’re forgetting the billions we pay in foreign aid. If you looked at the breakdown of what we pay yearly, who we pay it to and why, it’s mind boggling! We are 2.8 trillion pounds in debt, but hey, that’s not much, let’s help everyone else, and also let’s let 1’000’s and 1,000’s of immigrants to enter the UK illegally and molly coddle them.
Be careful though. If you have the audacity to question any of this on here, you are instantly branded as a right wing racist!!
The country we help the most is Ukraine , by some distance
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