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> boomers pensions Those boomers spend that money. The money enters the economy. It creates the economic activity needed for the ones who you call 'those who w
by unity1001 4y ago
> boomers pensions
Those boomers spend that money. The money enters the economy. It creates the economic activity needed for the ones who you call 'those who work' to be able to do business and make money.
Pumping money to boomers, the poor, disabled and the underprivileged is the easiest way to stimulate an economy. Not giving more money to the rich.
> all the money we've borrowed for the boomers
Those boomers have worked for 40+ years and PAID that money that they are taking now into the treasury. Its THEIR money. For decades, your government used that money in its own affairs to fund many things. Those boomers literally facilitated those governments' policies and the economy.
It needs to be said again - its THEIR money. You are not giving them something out of goodwill as a charity. You are paying back the money that they LOANED to the society.
Its debt. They are your debtors. You have to pay back your debtors.
- midasuni 4y agoThe boomers are the rich. They are the wealthiest generation ever in the U.K, the generation who typically retired with final salary pensions and a couple of BTLs, and they lay far less tax on their income than workers
- KptMarchewa 4y ago>Those boomers spend that money. The money enters the economy. It creates the economic activity needed for the ones who you call 'those who work' to be able to do business and make money. Let's break some windows to create more economic activity, amirite? >Its THEIR money. They paid fuck all and set up a system that disproportionally rewards them and robs a future generations.
- unity1001 4y ago> They paid fuck all and set up a system that disproportionally rewards them and robs a future generations. Them voting to scuttle social democracy does not change the fact that the money they are getting back is their money.
- KptMarchewa 4y agoThey're not getting back their money. The contributions they paid were drastically lower than what current generation pays, and the payout is way higher than projected.
- unity1001 4y ago> The contributions they paid were drastically lower than what current generation pays It doesn't work like that. At the time they paid, their contributions were significant. Inflation and the destruction of the economy through privatization do not change the fact that their money did its impact when it was impactful. Its just a loan. At the time it was borrowed by the society, that money meant something. Today it wouldnt. But at the time, it did. They are entitled to getting that money back. The criticism that can be raised against them is not receiving their own money back. Its them having voted for profiteering sociopaths one after another and having destroyed the society for the current generations.