this post was submitted on 05 Feb 2024
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UK state pension age will soon need to rise to 71, say experts (www.theguardian.com)
submitted 7 months ago by [email protected] to c/[email protected]
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The way I see it there are three realistic choices a country can make.

  1. Raise the pension age. Not very popular with the public as illustrated by protests everywhere this has been mentioned.

  2. Increased migration. Not very popular with the public as seen by the rise of far right parties in both Europe and outside.

  3. Lowered living standards. Not very popular because who wants to pay the same taxes but get less out of it?

This isn't a UK problem. It's the entire western world. And no, the populist idea of "just have more kids" doesn't solve it.

Any ideas?

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[โ€“] [email protected] 8 points 7 months ago

There is no reason to discuss pensions as long as the super-rich don't pay taxes. The pension funds and every other social fund could be filled to the brim with even slightly higher taxes and they wouldn't even notice anything missing. They would stay bloody rich.

We have been getting older and having fewer children since we came down from the trees, and we have always been able to raise standards anyway. The only thing that doesn't work is 1% of the people taking it all and putting it on a pile and sitting on it like a dragon.

I am tired of the same old discussions, get the money from the people who have more than enough! Don't let them drag you into discussions like this to point fingers away from themselves towards everyone else. Young vs old is not the fight we need to fight, poor vs fantastillion rich is the fight.