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Our state pension is paid out of contributions made over a lifetime, it isn't remotely close to a good deal...if it is so good, would you have all your contribu
by skippyboxedhero 3y ago
Our state pension is paid out of contributions made over a lifetime, it isn't remotely close to a good deal...if it is so good, would you have all your contributions paid into the state pension? No.
Brexit? Zero cost. Corruption? Zero cost. It is amazing that the state is giving massive handouts to people in work, and they still complain that things are terrible. We are giving thousands of pounds per year to people on more than 3x the median salary, and your response is: more money please. We are spending £200bn/year on healthcare, fully universal..."why am I having to pay taxes for this? Things are so bad".
Okay...if you were on £50k, would you support the govt making thousands a year in transfers from you to people on £200k?
One reason why economic policy is so bad in the UK is that people genuinely cannot conceive of economic policy being made for anyone but them: planning, govt finance, monetary policy...every area, it is really quite excruciating.
- IshKebab 3y ago> Our state pension is paid out of contributions made over a lifetime, it isn't remotely close to a good deal It's a great deal for the people receiving pensions now because they massively underpaid contributions compared to the total pension they'll receive. > ...if it is so good, would you have all your contributions paid into the state pension? No. Of course not, because our contributions now are really going to pay the pensions of current pensioners. We are paying for the previous generation. > Brexit? Zero cost. Corruption? Zero cost. What? Ok this is some weird humour!