Treatment Posted July 6, 2010 Share Posted July 6, 2010 Fabia Capelli? or Sir Fred Goodwin ? (did that not happen Harriet ?) Link to comment Share on other sites More sharing options...
Wildcat Posted July 6, 2010 Share Posted July 6, 2010 The public sector has huge job security as well as incredible index linked guaranteed pensions*. Who'd be a private sector wallah eh? * I don't expect that anyone under age 35 in the public sector will receive the pension that they expect today. The demographics alone insist that cannot happen. 1/5th of jobs lost over the last 5 years says otherwise. The Tories own OBR report showed that public sector pensions are long term affordable. Link to comment Share on other sites More sharing options...
Tony Posted July 6, 2010 Share Posted July 6, 2010 Point 1. Your ratio demonstrates that the public sector has very good job security. Point 2. Demographics says otherwise. Link to comment Share on other sites More sharing options...
Wildcat Posted July 6, 2010 Share Posted July 6, 2010 Point 1. Your ratio demonstrates that the public sector has very good job security. Point 2. Demographics says otherwise. Point 1: 48 million in employment 2006, 49 million in 2010. http://www.statistics.gov.uk/downloads/theme_compendia/md-jun-2010/md-jun-2010.pdf Where is the equivalent 20% reduction? Point 2. Demographics was included in the Tory calculations. What wasn't included was the impact of increased poverty as a direct result of their policies, making pensions likely to be even more sustainable than the OBR report said. (0.8% of gdp now, 0.7% of gdp in 2050) Link to comment Share on other sites More sharing options...
milquetoast1 Posted July 6, 2010 Share Posted July 6, 2010 1/5th of jobs lost over the last 5 years says otherwise. The Tories own OBR report showed that public sector pensions are long term affordable. Point 2. No it didn't. It led Nick Clegg and most of the press to state that public sector pensions were "unfair" and "unaffordable". Okay, you don't buy that, fair enough, but I don't buy the TUC nonsense you posted either. Anybody with an a priori certainty that public sector pensions are okay, can look at 5.26 of the OBR report and say, "ooh look, as a percentage of GBP the costs aren't going up", but that is delusional. See your own Point 1, it doesn't equate does it? Add to that the fact that new starters in the public sector are not being offered such attractive pensions. This can only mean that a smaller number of public sector employees are predicted to take an increasing piece of the pie. It is unfair, to private sector workers and new public sector workers alike. Where I will agree with you is that it is simply wrong to retrospectively change contracts of employment. It should be done with agreement, as it has been done with many private sector companies. Link to comment Share on other sites More sharing options...
milquetoast1 Posted July 6, 2010 Share Posted July 6, 2010 Point 2. Demographics was included in the Tory calculations. What wasn't included was the impact of increased poverty as a direct result of their policies, making pensions likely to be even more sustainable than the OBR report said. (0.8% of gdp now, 0.7% of gdp in 2050) Public sector pensions as a % of GDP 2010 1.8%, 2020 1.9%, 2030 1.9%, 2040 1.8%, 2050 1.7%. You missed the 1. Link to comment Share on other sites More sharing options...
Tony Posted July 6, 2010 Share Posted July 6, 2010 Scare yourself silly with future demographics. http://primeinitiative.co.uk/wp-content/uploads/2009/04/population-pyramid-uk-2007.jpg Link to comment Share on other sites More sharing options...
Wildcat Posted July 6, 2010 Share Posted July 6, 2010 Scare yourself silly with future demographics. http://primeinitiative.co.uk/wp-content/uploads/2009/04/population-pyramid-uk-2007.jpg Are we all going to die sooner or something? Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted July 6, 2010 Share Posted July 6, 2010 Scare yourself silly with future demographics. http://primeinitiative.co.uk/wp-content/uploads/2009/04/population-pyramid-uk-2007.jpg Both of the people in that picture need to trim their eyebrows. Link to comment Share on other sites More sharing options...
milquetoast1 Posted July 6, 2010 Share Posted July 6, 2010 Are we all going to die sooner or something? I'm seeing the face of Charles Laughton in there. Link to comment Share on other sites More sharing options...
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