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Goku, on 09 May 2025 - 10:50 AM, said:
I was reading about how when Labour were in opposition they pledged to increase research & development to 3.5% of GDP which I'm lead to believe drives the value add end of the economy, so is incredibly important. Now they're in power, they've only announced £13.9B for R&D which is a real-terms cut due to inflation. Plus, they've cut UK research and innovation. So, it seems we'll just stagnate unless something drastic changes.
We're happy, however, to spend billion after billion on the elderly. Pensioners basically have most countries in Europe in a headlock. Look at the farcical, pearl-clutching screeching exhibited by most of the country when Labour decided to means test the WFP. Imagine if we did what we actually need to do and scrap the triple lock. It needs doing, but nobody can do it because they'd be destroyed at the polling booth. So we'll continue our death spiral.
Speaking broadly, pensioners irritate and block (which costs money) at every opportunity via their NIMBY-ism to stop the country from developing. They stop house prices from reducing. They are the most selfish voting cohort - the experts at pulling the ladder up behind them.
And as such, we must eliminate them all.
We're happy, however, to spend billion after billion on the elderly. Pensioners basically have most countries in Europe in a headlock. Look at the farcical, pearl-clutching screeching exhibited by most of the country when Labour decided to means test the WFP. Imagine if we did what we actually need to do and scrap the triple lock. It needs doing, but nobody can do it because they'd be destroyed at the polling booth. So we'll continue our death spiral.
Speaking broadly, pensioners irritate and block (which costs money) at every opportunity via their NIMBY-ism to stop the country from developing. They stop house prices from reducing. They are the most selfish voting cohort - the experts at pulling the ladder up behind them.
And as such, we must eliminate them all.
The trile lock is of minor expense compared to the true cost of public sector pensions... add those to your crusade please.
If house prices fall then everyone will feel worse off who already has a house. That affects confidence and that affects spending. Lots would walk away as they would be in negative equity which would affect the banking sector. And of course house prices are falling in real terms as they are not rising as quickly as general inflation of pay these days...
One of the biggest issues is too many people not working or not wanting to progress and earn more and therefore pay more in. That could be students at uni, old folk who want to work but are overlooked due to ageism, or just the ridiculous tax system that means if you have kids at nursery you are better off earning £99k than £130k...
Lots of issues beyond just the triple lock, and a chunk of them fall at the door of your generation (and my kids, I include them in this..)
