Cut Pensioner Benefits Immediatley

[John51]

Being on the dole back then wasn't bad. Working was much better but dole then was a bit better than (or at least comparable to) min wage now imo.

Was at a friends on election night 2010. One guy there was a dyed in the wool labour voter. He'd just had to sign on, first time on 20 years, so he had last signed on when Maggie was PM.

He had estimated his dole on the standard of living he had from the last time and current prices. In his opinion, this meant a single mans dole was ~£120 a week. Total shock that he was going to get £67 a week.

[spyguy]

Being on the dole back then wasn't bad. Working was much better but dole then was a bit better than (or at least comparable to) min wage now imo.

Was at a friends on election night 2010. One guy there was a dyed in the wool labour voter. He'd just had to sign on, first time on 20 years, so he had last signed on when Maggie was PM.

He had estimated his dole on the standard of living he had from the last time and current prices. In his opinion, this meant a single mans dole was ~£120 a week. Total shock that he was going to get £67 a week.

Again, why GO should bring in a contribution based dole system.

People who work and genuinely lose their jobs tend to be re-employed in 18 months.

Why not have a system where 5% of your tax is put into an account.

Then you cna get 30% of your take home for 18 months.

Dropping to NMW for another 18 months.

People think they are paying into a saving pot. Instead its just redistributed to pay for a load of perma-doleys.

Will you friend be voting fro the Cons next time?

[Assume The Opposite]

It will all get sorted by the time you get there, but have become embedded lifetime promises for those already in receipt of a pension. Existing rights are hard to undo, short of a Greek style meltdown.

That's a good point about the lifetime promises. Going to be painful.. Do my taxes pay for current pensions as they are unfunded liabilities? Or freshly borrowed from the bond market?