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[Migv6 le Frog Fan]

Don't think that dickhead looks at anything outside the bubble of Westminster the Treasury. 

[STEMO]

Don't think that dickhead looks at anything outside the bubble of Westminster the Treasury. 

I have said, you have said it........we’re fooked. There just isn’t enough to go around. There has to be some kind of massive sea change, but no one knows how to, or has the guts to implement what needs doing. Not just here, the whole western world.
Couple the lack of resources with a sense of entitlement and there just isn’t an answer. So........we tinker.

[Migv6 le Frog Fan]

We are like a nation of crack addicts. The pushers (politicians) got us addicted to welfare of one form or another decades ago, and all we have to do is suspend our connection to reality and give them our votes.
Every time anyone tries to introduce a reality check, the other scream about poverty, austerity, blah blah blah.....
Maybe we should bring Mugabe over, now he is out of a job and let him have a crack at it. 

[STEMO]

That’s the point, and the problem, we live in a democracy. Heaven forbid we should ever have a one party state, but that’s the only thing that would work.
This is what your getting, be thankful for it.

[Field Marshal Dr. Opti]

.............and as I have paid into two other pensions in addition to my State one, I have more than contributed to my old age future, with full taxes paid.  I also still work in "a capacity" for the police.  I have no conscience about living into old age and the state helping me when required.

There is no State Pension fund/pot to pay into. There is also no public service pot (except LGPS). Todays tax payers have to pay for both types of these pensions to be paid to baby boomers. Basically the boomers wrote the rules to say that someone in the future (todays young) would pick up the bill for the pension promises that they made to themselves 30+ years ago.

On that point history is that the first State Pension was introduced after pressure from the Liberal Party, which included Winston Churchill, with the Old-Age Pensions Act in 1908, and the first payments of 5/- per week made to MEN of 70 years or over.  To pay for that the Liberals argued that instead of building another 8 Dreadnoughts, "just" 4 should be.  It was recognised that future taxation would have to allow for this social change, and for the first time the State would have to fund it and the Defence Budget may have to be reduced accordingly, which in time and as   
wars came and went, with people's attitudes modified towards a "socialist" outlook, that is exactly what has happened.

I always love it when I write up the UK Expenditure Budget for the early years of the 20th Century.  In 1910 these figures were:

                                                                                        £ million
                                                         Total Expenditure        341.4
                                                                 Pensions                0.9
                                                                 Health Care            9.1
                                                                 Education             52.6
                                                                 DEFENCE              64.9

Just imagine if the current UK government had to explain that budget to the public. It was all about Defence, and remember that expenditure is over overwhelmingly for the Royal Navy and it preparing for what was seen as an inevitable showdown with Germany.

Pensions was just a tiny consideration for the politicians of the time, in charge of still THE Great World Empire

In 2010 this UK Expenditure looked like this:

                                                                                            £ million
                                                         Total Expenditure        673,104.0
                                                                 Pensions             116,392.0
                                                                 Health Care         116.916.0
                                                                 Education              88,484.0
                                                                 DEFENCE               42,552.0

How times have changed!


                                                             

Pretty shrewd move by the liberals.

Average life expectancy in the Edwardian era was probably about 50. Presumably after 1918 there was even less to pay out.

[Migv6 le Frog Fan]

That’s the point, and the problem, we live in a democracy. Heaven forbid we should ever have a one party state, but that’s the only thing that would work.
This is what your getting, be thankful for it.

Don't mind a one party state. As long as the party agrees with me about everything. 

[Field Marshal Dr. Opti]

That’s the point, and the problem, we live in a democracy. Heaven forbid we should ever have a one party state, but that’s the only thing that would work.
This is what your getting, be thankful for it.

Don't mind a one party state. As long as the party agrees with me about everything. 

I'd make an excellent benign dictator.

[STEMO]

That’s the point, and the problem, we live in a democracy. Heaven forbid we should ever have a one party state, but that’s the only thing that would work.
This is what your getting, be thankful for it.

Don't mind a one party state. As long as the party agrees with me about everything. 

I'd make an excellent benign dictator cry.

FTFY

[ronnyd]

Always try to get old Rob Mugarbage over to see out his twilight years.

[Lizzie Zoom]

.............and as I have paid into two other pensions in addition to my State one, I have more than contributed to my old age future, with full taxes paid.  I also still work in "a capacity" for the police.  I have no conscience about living into old age and the state helping me when required.

There is no State Pension fund/pot to pay into. There is also no public service pot (except LGPS). Todays tax payers have to pay for both types of these pensions to be paid to baby boomers. Basically the boomers wrote the rules to say that someone in the future (todays young) would pick up the bill for the pension promises that they made to themselves 30+ years ago.

On that point history is that the first State Pension was introduced after pressure from the Liberal Party, which included Winston Churchill, with the Old-Age Pensions Act in 1908, and the first payments of 5/- per week made to MEN of 70 years or over.  To pay for that the Liberals argued that instead of building another 8 Dreadnoughts, "just" 4 should be.  It was recognised that future taxation would have to allow for this social change, and for the first time the State would have to fund it and the Defence Budget may have to be reduced accordingly, which in time and as   
wars came and went, with people's attitudes modified towards a "socialist" outlook, that is exactly what has happened.

I always love it when I write up the UK Expenditure Budget for the early years of the 20th Century.  In 1910 these figures were:

                                                                                        £ million
                                                         Total Expenditure        341.4
                                                                 Pensions                0.9
                                                                 Health Care            9.1
                                                                 Education             52.6
                                                                 DEFENCE              64.9

Just imagine if the current UK government had to explain that budget to the public. It was all about Defence, and remember that expenditure is over overwhelmingly for the Royal Navy and it preparing for what was seen as an inevitable showdown with Germany.

Pensions was just a tiny consideration for the politicians of the time, in charge of still THE Great World Empire

In 2010 this UK Expenditure looked like this:

                                                                                            £ million
                                                         Total Expenditure        673,104.0
                                                                 Pensions             116,392.0
                                                                 Health Care         116.916.0
                                                                 Education              88,484.0
                                                                 DEFENCE               42,552.0

How times have changed!


                                                             

Pretty shrewd move by the liberals.

Average life expectancy in the Edwardian era was probably about 50. Presumably after 1918 there was even less to pay out.

It was a shrewd move, but that was the Liberals last real achievement before they started their rapid decline from power. The disastrous start to The Great War under their leadership which saw Asquith go in favour of a Lloyd George headed coalition, or war committee, in 1916, then the massive growth of the new working mans party, Labour, pushed them out completely, with all future races for power at the hands of either the latter or the Conservatives.

[Rods2]

Average Government spending per person over their lifetime is a bathtub curve. Expensive at the start of our lives as children where they don't work and need educating and at the end of our lives when we retire as we again don't work, the Government provides a pension and our healthcare costs rocket. With the baby boomer population now retiring, the younger generation preferring not to breed at a population replacement rate, so the ratio to those working v those retired is getting worse and uncontrolled mass migration has meant an explosion in low paid unskilled workers here where they pay little tax and if they have children, they can't afford, lots of benefits to keep them in the lifestyle they aspire to. Gordon McRuin's prolificate public spending with large public sector pay rises that was funded by a tax raid on our pensions, tax rises and lots of borrowing. This was then followed by Tory 'austerity' which just meant slowing down the increase in spending a bit too slowly reduce the deficit, while the National Debt continued to increase.

This is further compounded by £13bn pa or 0.7% of GDP commitment to foreign aid which we have to borrow to fund and deindustrialization and green subsidies for green tree hugger climate fraud which is funded with even more borrowing of £17bn pa by 2020 and the covering of the National Debt interest which has gone from £10bn to £44bn. This means we have to find an extra £64bn per year or £2000 per working person, just to stand still. As a country we are not is a good place economically, just not as bad as Japan, the US or much of mainland Europe. Many Western countries populations are beginning to fall which means even fewer working people to pay off the Government debts. I suspect that the 2020's and 2030's will see many countries defaulting on their debts, which will hit the retired particularly hard.

[Sir Tigger KC]

Don't think that dickhead looks at anything outside the bubble of Westminster the Treasury. 

I have said, you have said it........we’re fooked. There just isn’t enough to go around. There has to be some kind of massive sea change, but no one knows how to, or has the guts to implement what needs doing. Not just here, the whole western world.
Couple the lack of resources with a sense of entitlement and there just isn’t an answer. So........we tinker.

There's a simple answer to all this and it wouldn't be popular.     Raise the base rate of income tax to 30%!   

Everybody would squeal like gutted pigs, but the fact is that if you want well funded public services then you should be prepared to pay for them.    The trouble is that everyone thinks someone else should pay. 

So Spreadsheet Phil should lay it out in black and white so even the stupidist can understand.  There are two options:

A) Low taxes and public services that just about manage.

B) High taxes that affects everyone (because that's fair) and well funded public services.

But unfortunately a lot of people seem to believe Corbyn and McDonnell's fairy tale that they can have well funded public services, but someone else will pay for them.   

[Field Marshal Dr. Opti]

Don't think that dickhead looks at anything outside the bubble of Westminster the Treasury. 

I have said, you have said it........we’re fooked. There just isn’t enough to go around. There has to be some kind of massive sea change, but no one knows how to, or has the guts to implement what needs doing. Not just here, the whole western world.
Couple the lack of resources with a sense of entitlement and there just isn’t an answer. So........we tinker.

There's a simple answer to all this and it wouldn't be popular.     Raise the base rate of income tax to 30%!   

Everybody would squeal like gutted pigs, but the fact is that if you want well funded public services then you should be prepared to pay for them.    The trouble is that everyone thinks someone else should pay. 

So Spreadsheet Phil should lay it out in black and white so even the stupidist can understand.  There are two options:

A) Low taxes and public services that just about manage.

B) High taxes that affects everyone (because that's fair) and well funded public services.

But unfortunately a lot of people seem to believe Corbyn and McDonnell's fairy tale that they can have well funded public services, but someone else will pay for them.   

Obviously the 'super rich' would be exempt from tax, they always have been.

[Field Marshal Dr. Opti]

My guess is that 'ginger Donald' has paid virtually no tax for the last 30 years.

He seems shy about producing his tax returns.

[Sir Tigger KC]

Obviously the 'super rich' would be exempt from tax, they always have been.

I think you'll find that the so called 1% pay something like 28% of all Income Tax receipts.