Executive pay

I ask you - do you think we are all init together ?
Surely the answer is - of course not.
Personally I would like to see all pensions paid into one pot ard shared out equally. I don't know how the politicians can sleep at night with the obvious suffering of so many stuck on very little money, probably old and on their own in a dark, damp, cold single room. Condemned to a lonely, cold death. Better off in Syria with a quick one imho.
I am in favour of pay not being equal as some incentive is a good thing but not so gross as at present.
 
Your ideas on the elderly are out of date. There are no doubt some old people in extreme poverty but the triple lock pension mechanism has meant that the median pensioner is now better off than the median young person of working age. This divergence is increasing as the most elderly, who have the worst pension arrangements, often merely the state pension, die off naturally.
 
tomorton said:
Your ideas on the elderly are out of date. There are no doubt some old people in extreme poverty but the triple lock pension mechanism has meant that the median pensioner is now better off than the median young person of working age. This divergence is increasing as the most elderly, who have the worst pension arrangements, often merely the state pension, die off naturally.
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I see nothing wrong in having the elderly better off than a young person who can withstand the rigours of student accommodation etc. Old people need warmth and probably medicines. Can treat the grandchildren too.
Having a reasonable pension I see as a nice thing to look forward to in one's retirement.
Another point is that pensioners often have a great fund of knowledge to start up new companies etc., perhaps in partnership with the young. A new beginning. Much better than being kicked into the gutter as useless.
 
Surely the rich like Sir Martin Sorrell or Philip Green have saved enough of their take home pay of millions not to even need a state pension of relative peanuts ?

I really don't know why the Socialists don't push for a better deal.
 
Pat494 said:
Surely the rich like Sir Martin Sorrell or Philip Green have saved enough of their take home pay of millions not to even need a state pension of relative peanuts ?

I really don't know why the Socialists don't push for a better deal.
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Well this is a fair point. I've never understood the concept of universal benefits - state pension, family allowance. People say the cost of testing for needs-based delivery would outweigh the savings - but that is not found with any forms of benefit or tax allowance that have to be applied for and evidenced.
 
tomorton said:
Well this is a fair point. I've never understood the concept of universal benefits - state pension, family allowance. People say the cost of testing for needs-based delivery would outweigh the savings - but that is not found with any forms of benefit or tax allowance that have to be applied for and evidenced.
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Everyone on the same pension makes for an easy calculation.
 
Pat494 said:
Everyone on the same pension makes for an easy calculation.
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How can everyone be on the same pension?

Some have forsaken spending power in their working lifetime so they could contribute more, some paid in statutory minimum and some will have paid in sod all.
 
counter_violent said:
How can everyone be on the same pension?

Some have forsaken spending power in their working lifetime so they could contribute more, some paid in statutory minimum and some will have paid in sod all.
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Let's not get too mean or picky. Most people will work if they can and come 68 the race is over. Time for some refreshment. OK not exactly fair but the better off need not grumble over the change. Cuts administration costs to a minimum too.
 
tomorton said:
Your ideas on the elderly are out of date. There are no doubt some old people in extreme poverty but the triple lock pension mechanism has meant that the median pensioner is now better off than the median young person of working age. This divergence is increasing as the most elderly, who have the worst pension arrangements, often merely the state pension, die off naturally.
Click to expand...

What is the triple lock pension mechanism?

I am not familiar with that on this side of the pond.

Thanks.
 
Pat494 said:
The usual mean Tory hand out to pensioners. Woefully inadequate crumbs from the state. Just enough to stop a revolt imho. She thinks we can afford 3 new nuclear submarines and 2 new aircraft carriers ( from Labour ) but at whose expense ?
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I guess you mean revolt in terms of voting preference, not a violent rebellion?

Defence spending is an interesting can of worms though. (plus this takes us away from executive pay, about which I personally couldn't give a tinker's cuss)

Government defence spending generates a robust private sector arms industry, bringing fantastic capital returns from foreign buyers, plus manufacturing and R&D employment here.

I think its quite legitimate to be committed to peace whilst maintaining robust armed forces.
 
The world is awash with weaponary. I suppose it may be needed with some of the world leaders we are lumbered with. An awful waste of money and resources imho.
 
Pat494 said:
The world is awash with weaponary. I suppose it may be needed with some of the world leaders we are lumbered with. An awful waste of money and resources imho.
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What do you expect us to do? Feed the homeless? :)
 
Pat494 said:
Is that so awful ?
Even hardened criminals in jail get fed.
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Next you'll be advocating sheltering children.

"Are there no prisons?"
"Plenty of prisons..."
"And the Union workhouses." demanded Scrooge. "Are they still in operation?"
"Both very busy, sir..."
"Those who are badly off must go there."
"Many can't go there; and many would rather die."
"If they would rather die," said Scrooge, "they had better do it, and decrease the surplus population."
 
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