Margaret Thatcher has died

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MegumiAkiko

New member
i love krugman's piece about thatcher today. she crushed the economy during her own time. yet, she gets all the credit for turning everything around a decade later. like ronnie here: massive debt, stagnant wages for 99% of the country, handouts to the rich and defense industry, yet a decade later his policies supposedly led to the clinton boom. hilarious and factually incorrect all at the same time.
 
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bfreebuzz

Member
My mother said that if they send EI police to her home she told us to use the break the TOS way of telling them to leave. Because she uses a little bit of her EI for the little over 2 months she has off in the summer because she is a jr high school teacher. Now under the Harper government, she would be breaking the law. Harper can shove it where the sun dont shine.
 
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terran_ghost

New member
So your saying that just because a person has paid in all their life, they shouldnt be able to claim the pension they paid for?

A pension isnt a handout if you've paid for it surely?
 
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MelikaMelina

Member
If you don't need it its pointless. Maybe it should be thought of as more as benefit to fall back on if needed?
You pay for benefits too, again it's something that should be a last option
 
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AlexisInfectious®

Active member
The first strikes were by private companies, Ford in particular as well as oil tankers, along with 220 other private companies.

http://en.wikipedia.org/wiki/Winter_of_Discontent#The_Ford_negotiations.

The issue was poor control of inflation, with the private sector breaking the rules on wage rises first.
 
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oldbrokenhands

New member
surely, if you agreed on employment terms with someone to pay you "x", yet when it came time to pay you, said employer told you that "you only need y, which is less than x, to live, so i'm only paying you y", you'd be a little upset. no?
 
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TheDuke

Member
The whole world is a little upset as all the money seems to have disappeared. Until they find it again I think we're all going to be a little peeved but I'm sure taking some money off people that don't need it is one of the lesser hardships in the big picture. Be better if we just found out where all the money has gone and put it back but you're forgetting the golden rule. What's mine is mine and sod the rest of you
 
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Izzyee

New member
In a country where everything is put on a central database? Can't see it being that difficult and costly. It's costing now, just needs a small change that should cost little more once established
 
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MichealJ

Member
well, that's a great point moi. jamie dimon, head of one of the biggest banks in the universe, gets to pay 15% on his investment profits because of an accounting trick (even less actually). my father, who worked in a factory for 30 years and made a fraction in his lifetime of what jamie dimon makes per year, gets to pay 35% over the course of his life. surely, since jamie dimon doesn't need that money, maybe we can solve our whole little debt problem.
 
kkahn9dodge

kkahn9dodge

New member
I would be interested to see the figures, but cost it will, and unless its intelligently designed, it will put people off saving for their retirement, as why should they save and not receive a state pension. When others dont save and do receive it.

Which is what happens with care homes at the moment.
 
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robertelevis

New member
Remember though. Nothing ever goes bust, it just moves around. The pension money still exists- its just that someone else owns it now. It would be interesting to explore how that happened and who profited overtly and covertly from it.
 
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SharksFan

New member
I almost mentioned that in my post but the state pension isn't really enough to keep the Jag running and heating the swimming pool heated so private pensions and saving will still be necessary.
 
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MissPinkie

New member
You can't save a debt problem by taxing the top. It's like pouring water into a leaky bucket, the water will eventually run out and you'll be back at square one.

To solve debt, spending needs to be controlled, waste needs to be addressed, exploitation of the tax money by the establishment needs to be criminalized.

And yes, ultimately if the tax code could be simplified so that everyone paid a fair share, then that would be a good thing too.

Personally, my fix is sales tax. No income tax, just a flat tax on sales - if you can afford to buy a Ferrari it is going to cost you double. And you could make it like the current system, where you must report any purchases over 10K made overseas, so if you earn here and spend elsewhere then you still owe uncle sam.
 
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derekyohoo

New member
Again means testing shouldn't mean nothing, TBH if we're all going to have to pay for private pensions then wouldn't it be better to have a reasonable pension for all who require it through taxation? Again means tested. Taking profit out of the situation should save money?
 
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