State Pension Increases

[BrianW]

This **** has IBS then - this guy got started with family money - for some reason people who got where they are by not working for it have a real downer on people who strive to get there by working hard simply by claiming they know better about hard work

Under capitalism, unemployment is (in part) a tool to keep wages (and inflation) down. At a more extreme level, it is a tool to keep the workers 'in their place' and suitably grateful.

This is why capitalism needs to be regulated and controlled. It is there to serve us, not for us to serve it. A concept many RW people do not understand,

 

[jacko74]

sorry but even the manufacturers only claimed 57mpg

Aygo tops What Car? MPG test for petrol cars

The Toyota Aygo gets the best MPG among petrol cars in fuel economy test

mag.toyota.co.uk

Ooh 3 miles out on my mpg estimate... what a complete and utter fraud I obviously am!

 

[bluethrunthru]

Nothing to do with the state pension though (which is currently the lowest in Europe) and everything to do with the ability to build a private pension pot and decent annuity rates.

also depends on how he calculates wealth. Someone can be asset wealthy ( house thats gone up in value massively over 20 years ) but cash poor. I have done ok coz I stayed put for 25 years and my house has quadrupled in value however I am cash poor as I have a modest private pension and a number of years off the state pension. By his measure I am wealthy. Doesn't feel that way.

 

[Vic]

My heart goes out to you Sheila. I think he was joking ( I sincerely hope so)

I won't have any of this nonsense pensioners are somehow living a life of luxury when the majority are not. Do these people not have parents or grandparents? Anybody who's got savings and/or or a private pension worked bloody hard for at least fifty years ( Usually) to have it. They earned it, as they did the state pension. Let's all get to Tesco though where we can get a £12 meal deal that will last you two days you know and give you one meal a day and for the rest of the day you can make do with a bowl of cereal. Some people need to take a long hard look at themselves.

Be well, we are here for you.

They didn't earn the state pension. Paying your NI entitles you to the pension, but the state pension is largely being paid out of current taxation. (It used to be ten taxpayers paying for your pension, now it's four, and in the future it may be as few as two working people paying for your pension - so choose your two carefully.)

 

[bluethrunthru]

Ooh 3 miles out on my mpg estimate... what a complete and utter fraud I obviously am!

you did say minimum 60mpg implying it does much more too which is odd because I am sure if they could get away with it Toyota would claim that too. Next doors are on their 2nd one - she has driven them for over a decade reckons on 50mpg

 

[Vic]

I stopped reading at Council Tax 1050, mines 2k!!

Downsize. If there's no financial incentive to downsize, older people stay in houses that they find increasingly difficult to manage, and it creates a shortage of family size homes - which suits the people in bigger houses as that scarcity (and nimbyism against new housing) keeps their house price up.

 

[BrianW]

The Pension age is shortly to go to 67, that’s tough on those who have manual jobs, our Welfare State has a lot of discrepancies.

It's tough on lots of people. Many are fucked, mentally or physically, or both, by 55.

The problem is the easy, low-grade jobs that used to be available have almost all gone. There really is no room for the Alf Ventriss brigade anymore. How you fix that, I don't know.

The Town Hall alone used to be stuffed with basic clerical jobs that many people could (in principle) have done at age 75. All done away with long, long ago, because of computers and 'efficiency'. The railways were similar. I can remember when Belle Vue Station employed about 6 blokes. No one now. Work is high-pressure and demanding, and you need to be young and fit. Or at least fit. The modern way is to sweat people to death and then leave the state to sort out the casualties. It's unsustainable.

 

[paulchapo]

They didn't earn the state pension. Paying your NI entitles you to the pension, but the state pension is largely being paid out of current taxation. (It used to be ten taxpayers paying for your pension, now it's four, and in the future it may be as few as two working people paying for your pension - so choose your two carefully.)

Sorry but they and I did earn it. I paid the minimum 35 years NI contributions needed to draw a full state pension. I don't care how it's funded or the small print. The deal was pay that money for 35 years and when you retire you get this amount of money per month. Earned, every penny.

 

[TonyColemansbagofapples]

Not bothered with house insurance for over 10 years, which I admit is a bit silly of me and a false economy given its only about £120 a year.

I do indeed have walking boots, waterproof coats, soft shell jackets that are well over 10 years old, 20 years old in some cases and they work fine and are better quality than the shite that's available today. I maybe buy 1 pair of casual trainers a year at about £30-£40 out of my £600 spare money.

You've proved you're another of the financially feckless idiots if you seem to think that £50 per week will only buy you a loaf and two fish, you have my sympathy.

For the life you must lead you have my sympathy

 

[paulchapo]

For the life you must lead you have my sympathy

To be fair I don't like the blokes views on this subject but some people are happy living the way he does. Some people actually thrive on it, priding themselves on being thrifty and surviving on a very low budget. It actually makes a lot happy.