MrJonno wrote:1) You would have had to paid an awful lot of taxes cover what can easily be £100k+ to cover residential care, which simply hasnt happened. It's one thing sharing costs in something you can't plan for like ill health (no one can save enough to cover a heart attack or cancer) its another to expect the state to pay out for what is going to be inevitable ie going into a homeCormac wrote:MrJonno wrote:The young are paying for the old pensions and medical care (even in the US). The elderly certainly haven't covered their own costs and that's while trying to survive on low wages in insecure jobs while paying a fortune to pay the rent/mortgage something the old never had to do
1. That is a remarkable assertion. Have you done the calculations that would ground it? Including the impact of inflation, the time value of money, and the opportunity cost to the state of not having had the benefit of their taxes over 45 years?
2. The elderly performed their end of the bargain with the state. They are entitled to expect the state to do the same.
3. Every generation faces multiple crises. If you think the elderly sailed through a comfortable existence, you are either very young and naive, or you are very ignorant.
2) the elderly get a pension which I don't have a problem with, I do have an issue with them expecting care that costs magnitudes greater than that
3) People who grew up in the 40's and 50's had it easy, no wars to fight in (no Vietnam here), permanent work, piss cheap education and housing and we are all paying for it now. House prices are still 8-10 times average wages compared to 3 times through most of last century. They are that high because these people are objected to every possible attempt to building more houses as it would reduce the value of their own
1. Do you know how much a worker would pay in tax over a working life? Do you understand the effect of inflation over time? Do you understand the concept of time value of money?
2. Do you object to a national health service where healthcare is free at the point of need?
3. World War 2. Northern Ireland. Various colonial adventures. The union driven collapse of British Industry. The collapse of British steel and coal due to the rise of developing economies. Strikes, unemployment, and so on. Yep. They had it easy.