The welfare bill passed, but it was chaos. A party this dysfunctional and divided cannot escape the wrath of voters at the next election, says John McDonnell, former Labour shadow chancellor
The only realistic option without performing any cuts is to increase the retirement age. Pensions are something like 50% of the welfare costs. Even then it probably won’t be enough.
Successive governments have shown that they will not fuck with the boomers and older gen x retirement age or pension.
So any raises in age or means testing it will only apply to younger gen x and down and come far too late to actually help with the problem.
A hearty fuck off to that as it is as we paying for the older generations state pension and a younger age than we will ever get despite being a considerably smaller group.
If you want to do real change that will have a faster impact, means test existing pensioners. Except the government bottled doing that for even thr small amount of the winter fuel allowance.
Also can the triple lock and instead increase the pension credit. But again that will be bottled.
The only realistic option without performing any cuts is to increase the retirement age. Pensions are something like 50% of the welfare costs. Even then it probably won’t be enough.
Successive governments have shown that they will not fuck with the boomers and older gen x retirement age or pension.
So any raises in age or means testing it will only apply to younger gen x and down and come far too late to actually help with the problem.
A hearty fuck off to that as it is as we paying for the older generations state pension and a younger age than we will ever get despite being a considerably smaller group.
If you want to do real change that will have a faster impact, means test existing pensioners. Except the government bottled doing that for even thr small amount of the winter fuel allowance.
Also can the triple lock and instead increase the pension credit. But again that will be bottled.