Tuesday 1 April 2008

golden oldies


So not only do the OAP's get lots of final salary pension schemes, state pensions & winter fuel allowances, now they get free bus travel anywhere in the UK!

So who pays for it.... you guessed the working age population like me. Yes, not only do we fund the OAPs income & cushy lifestyle, now they are going to be swarming all over public transport.

By the time us youngsters get to OAPdom there will be nothing left. No final salary schemes, little state pension. Why? Because we have our demographic timebomb of an ageing population in which OAPs will very soon outnumber those of working age - meaning we can't afford to support them.

Of course the politicians don't have the cojones to deal with the problem & just tinker with small rises in the retirement age.

When the UK & Western Europe are full of the blue-rinse brigade, then watch the vibrant young states of China, India, Brazil et al storm forward to take dominant positions in the 21st Century - we have been warned!

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