Pension age proposal to increase to 68 years

JillyJosie2

Governments print money MaizieD if that's what you want me to say, what they then do with that money is a political and moral question. Sorry but I haven't got time to get into a wrestling match over paying for the pandemic and various ways of constructing an economic system. It's been done more than once on GN and doesn't need repeating.

It clearly does need repeating when people keep posting that we have to be taxed to 'pay back' the money for the pandemic.

If the government has 'created' that money, which they have, why are you saying we have to pay for it? It's our money, the country's money. They spent it on our behalf.

Can you not get a teeny bit indignant about the Chancellor lying to us about it in order to impose completely unnecessary austerity ? Or to avoid giving any more money to support businesses devastated by the pandemic? Or to give sick pay to people who lose wages by being obliged to isolate?

As to 'choice' when you retire, that is an option left to those in higher earnings bracket and also to fortune which may or may not favour you with health through life.

Governments print money MaizieD if that's what you want me to say, what they then do with that money is a political and moral question. Sorry but I haven't got time to get into a wrestling match over paying for the pandemic and various ways of constructing an economic system. It's been done more than once on GN and doesn't need repeating.

I remember reading about this a couple of weeks ago. I know and realise that we've made advancements in science and medicine to keep us all going but in many it's the mid-60's where, if you're unlucky, things start going awry.

I feel sorry for those who'll be forced to continue under conditions where they find themselves pressurised owing to financial commitments-----plus not feeling as fit as they were. It should be left as a choice and of course to your level of fitness and financial ability.

JillyJosie2

MaizieD in that, yes, of course the pandemic and all measures alleviating (or attempting to) have to be paid for but that doesn't need to mean taxing in ways that hit the less well off more and meaning that they pay proportionately more of their income. Sadly, it is the low earners who are more likely to suffer from Covid, more ill health in general and die earlier. Taxation needs to take inequality in income into account.

Who are we supposed to be paying JJ2?

Where do you think the money came from?

I agree with you about taxation, but that is an entirely different topic.

MaizieD in that, yes, of course the pandemic and all measures alleviating (or attempting to) have to be paid for but that doesn't need to mean taxing in ways that hit the less well off more and meaning that they pay proportionately more of their income. Sadly, it is the low earners who are more likely to suffer from Covid, more ill health in general and die earlier. Taxation needs to take inequality in income into account.

What I attach it to and what makes me additionally agree is the reports I see of Sunak Rishi making statements about the pandemic measures 'needing to be paid for' which in one way is true

In what way is it true, JillyJOsie2? Who do we owe it to?

It's been on Twitter, GB news and I saw it in this morning Times so not well hidden.
Are we really surprised? it will be 70 before long, then probably up again.
I'm not defending this as I was on the Waspi group, it was obvious.

I agree with you. It's totally unfair to change the goal posts yet again.

Damn, that should of course, be additionally angry in paragraph 2, line 2!