The Forum > General Discussion > Of Pensions and Pigs
Of Pensions and Pigs
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I just did an estimate of what Keating saved us over 20 years by shaming the small f feminists into "the equality we had to have" and raising pension age from 60 to 65 for females, and it is about $60 billion in 2015 dollars, ie 1.5 years worth of the current $39 billion. Don't you just love equality MS Greer?
I don't have enough data to estimate what Keating's compulsory Super is saving per annum but you can bet the Government knows and it will kick in at about $50,000 average saving per pensioner over 20 years after the 2017 reforms just announced.
One might ask why USA spends double the percentage of GDP but J Doe only gets half of what we do as Age Pensioners, but I think it is simply the good old "Statistics and damn Lies" because our figures do not include the Peter Costello Pig Bank (Capt Smirk Inc) of which Smirk is now in charge, weighing in at $120 billion (of OUR money he lifted) to pay for unfunded Super of the Fat Cats like him.
So all this current talk and the pronking of the new "R Word" is just a ploy to cover up the smell from the Pig Sty.