tzijlstra Posted May 11, 2014 Author Share Posted May 11, 2014 How right you are . Unfortunately, the ability of our nation to afford for the future has been taken away from the upcoming generations by the sad demise of our manufacturing industries . All they are left with is sevice , check out and shelf filling and general mundane jobs . The limited scope for profiteering is left to the big multinational moneymaking organisations which , as the recent increase in " billionairs" and " multi-billionairs " attests to . Our ability as a "nation" ,to progress in manufacturing competition has been sadly diminished and , to say that it is the fault of the working man or by the trade unions is just a load of " Bull ----". Even now , it is being suggested that new house buyers are to be told to save a higher deposit . How on earth can a young couple on such low paid wages afford to do that . The fault of the country's failure is not of the pensioners , youngsters nor the working man , for if they had the opportunity and the means to earn a "decent" wage they would do so . I think we still have a decent economy to work with pal, it's all in the unis, as long as the UK can maintain a leading role in research we stand a good chance of making money in this world. Link to comment Share on other sites More sharing options...
Anna B Posted May 11, 2014 Share Posted May 11, 2014 I think we still have a decent economy to work with pal, it's all in the unis, as long as the UK can maintain a leading role in research we stand a good chance of making money in this world. Which is one of the reasons this Astrazenica take over is so important, as it's highly likely the research and development arm will go to America, and we'll have lost another source of revenue. ---------- Post added 12-05-2014 at 00:11 ---------- As you have been starting lots of new posts today, could you start one on zero-hour contracts as well? There are a lot of misgivings about them, this thread shouldn't derail on that line, cheers I think there's already a thread on this. Are people finally waking up to the mess this country is in following the financial crisis? The current cuts are the tip of the iceberg. Never mind just pensions, we are heading downhill and soon will not be able to afford even the basics. Meanwhile all the wealth will be in fewer and fewer hands. (Don't forget there is more money in the world than ever before.) Before anybody tells me we're in recovery, they might be interested to know that this government has borrowed more money in 3 years than the Labour government did in 12. It now stands at £1.3 Trillion, (but we don't hear about it much anymore - anybody would think there was an election coming up...) When interest rates go up basically we're all stuffed. Link to comment Share on other sites More sharing options...
tzijlstra Posted May 12, 2014 Author Share Posted May 12, 2014 Which is one of the reasons this Astrazenica take over is so important, as it's highly likely the research and development arm will go to America, and we'll have lost another source of revenue. Yup, AZ is important, but it is also about the generation of new knowledge, something like Graphene is set to become a multi-billion pound industry in the next two decades, Britain is finally getting back a reputation for engineering thanks to Rolls Royce and BAE and the like, high skill, high pay jobs are where this economy needs to get its bread. I think there's already a thread on this. Are people finally waking up to the mess this country is in following the financial crisis? The current cuts are the tip of the iceberg. Never mind just pensions, we are heading downhill and soon will not be able to afford even the basics. Meanwhile all the wealth will be in fewer and fewer hands. (Don't forget there is more money in the world than ever before.) Before anybody tells me we're in recovery, they might be interested to know that this government has borrowed more money in 3 years than the Labour government did in 12. It now stands at £1.3 Trillion, (but we don't hear about it much anymore - anybody would think there was an election coming up...) When interest rates go up basically we're all stuffed. Yes, that is the basic message here. People are now being told by George Osborne that the crisis is over, economy is growing, job done. Sure we need a few more cuts but it will be ok after that - no it isn't. And no it won't be. The current debt load is self-defeating, the state has to begin bringing it down to avoid it getting to an untenable level. It is currently already projected to become 3 times the total annual budget in a few years. Bailing out the banks may have saved short term panic and, more significantly, private pensions but it has caused a long term problem in the affordability of state pensions. This is critical at a time that people are known to be living longer and longer and healthcare-costs are going up and up. There is a reason that even Labour says it has to carry on cutting. Of course what will happen politically is that we will get opportunists claiming to have the solution AND cut taxes for everybody, it isn't going to happen. Unaffordable. Link to comment Share on other sites More sharing options...
Anna B Posted May 12, 2014 Share Posted May 12, 2014 Pensions are only the half of it. What about care costs? Care homes are now costing £1,000 a week per person. (Ridiculous!) Who is going to fund that? As people get poorer, fewer will have homes to sell, so presumably the tax payer will have to step in and cover it. Not the fault of pensioners I hasten to add, but greed somewhere in the system. Somebody's getting very rich on it. More wealth being siphoned off into back pockets... Link to comment Share on other sites More sharing options...
tzijlstra Posted May 12, 2014 Author Share Posted May 12, 2014 Pensions are only the half of it. What about care costs? Care homes are now costing £1,000 a week per person. (Ridiculous!) Who is going to fund that? As people get poorer, fewer will have homes to sell, so presumably the tax payer will have to step in and cover it. Not the fault of pensioners I hasten to add, but greed somewhere in the system. Somebody's getting very rich on it. More wealth being siphoned off into back pockets... Why do you think Pfizer wants in on the European market? Link to comment Share on other sites More sharing options...
ivanava Posted May 12, 2014 Share Posted May 12, 2014 Pensions are only the half of it. What about care costs? Care homes are now costing £1,000 a week per person. (Ridiculous!) Who is going to fund that? As people get poorer, fewer will have homes to sell, so presumably the tax payer will have to step in and cover it. Not the fault of pensioners I hasten to add, but greed somewhere in the system. Somebody's getting very rich on it. More wealth being siphoned off into back pockets... If my parents were alive I would keep the £1,000 and do the caring myself. Link to comment Share on other sites More sharing options...
tzijlstra Posted May 12, 2014 Author Share Posted May 12, 2014 If my parents were alive I would keep the £1,000 and do the caring myself. It's actually a very valid point and something that should become far more used and promoted. You can already get a carer's allowance but it is a pittance. It should be related to the carer's previous income, say 85% or so, not on 65 quid a week that won't even see you afford the things you likely need to do to care for them. That pittance is the epitome of "buying cheap, getting expensive" Link to comment Share on other sites More sharing options...
GLASGOWOODS Posted May 12, 2014 Share Posted May 12, 2014 Load of rubbish, try to remember the public sector includes the NHS, police, armed forces, fire services, various specialist workers including tax and accountancy, so on and so on. I've heard of and seen many move from the public sector to the private sector for more money and better treatment but I don't particularly recall anybody ever moving the other way, especially if they're some kind of specialist. My partner told me of her friends fella,who has just retired from the police (DCI) after 30 years service. (he's 49 years old) So, a big lump sum and lovely pension. Do you think it's acceptable for the private sector worker to finance his retirement at such a young age? 30 years of service should be consigned to the bin. It's unaffordable and outrageous! Link to comment Share on other sites More sharing options...
Anna B Posted May 12, 2014 Share Posted May 12, 2014 It's actually a very valid point and something that should become far more used and promoted. You can already get a carer's allowance but it is a pittance. It should be related to the carer's previous income, say 85% or so, not on www.gov.uk/carers-allowance/overview"]65 quid a week [/url[/b]]that won't even see you afford the things you likely need to do to care for them. That pittance is the epitome of "buying cheap, getting expensive" Did you realise that the carers allowance is effectively paid by the cared for person, in that their Attendance Allowance goes down by roughly the same ammount? So £1,000 a week to look after a person in care, but the home carer who has probably had to give up their own job in order to look after their loved one is only worth £65 quid by the government. And this may reduce their own private pension as well. Oh, and then they will also have joined the club of the unemployed, and be labelled 'a benefit scrounger' Link to comment Share on other sites More sharing options...
cressida Posted May 12, 2014 Share Posted May 12, 2014 If my parents were alive I would keep the £1,000 and do the caring myself. If carers were paid more it could cost the government less Link to comment Share on other sites More sharing options...
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