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The Forum > General Discussion > Is The Aged Pension Sustainable?

Is The Aged Pension Sustainable?

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Paul,

Huh ! Margarine ! Some of us can only dream of margarine, we have to make do with sump oil that we scrape off the road.

Joe
Posted by Loudmouth, Sunday, 17 February 2019 9:33:15 AM
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Paul1405,
Where did I ever state Centrelink are easy to deal with ? I think they're actually a hairs' breadth's over the borderline to criminal.
Those young people who think they shouldn't be contributing to the old age pension should think of their own pension instead of relying on their contemporaries to fork out for them when the time comes.
Don't they realise that we too have contributed to the pensions of those before us ? This is the problem with the progressives' mentality, they fail to see logic. Everything is so clinical. No room for error except their errors of course. If they're exempt from contributing to the common pension fund then will they accept to be exempt from inheritance ? I bet no ! they can always sell your assets when they inherit them & they can then pay asset tax.
Contributing to a common pension fund must be viewed like an insurance. You may need it or you may not. It's part of economic stimulation from which they profit too.
Ask him to reply to me.
Posted by individual, Sunday, 17 February 2019 9:55:37 AM
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At the coming election don’t forget it was Morrison as treasurer and Turnbull who did the dirty on pensioners most recently. Drain the swamp and write 'None Of These' on the lower house paper, and vote Australian Conservatives in the senate – or, put up with more of the same old thing for another three years. Our political class, irrespective of the party or dogma they represent, are responsible for all our problems; it is stupid to think they can fix what they caused.
Posted by ttbn, Sunday, 17 February 2019 11:13:52 AM
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The Australian Conservatives appear the most sensible option at this time. Let's see how their rhetoric changes as we close in on the election.
If LNP/ALP don't address the inequality re salaries & wages BEFORE the election them I'm afraid they'll lose a lot of support. The first ting they need to do is cement in the goal posts so they can't be shifted anymore.
AC are openly proposing to put a stop to the perks of ex-politicians. What will LNP/ALP propose ?
All parties must combine in laying the foundation stone for a very near future National Service.
Why ? Because it is imperative that the me, me & me mentality is kicked in the butt.
Public infrastructure projects proposals/plans must be made public now ! The voters need to have more to cast their vote on than just party loyalty !
Is the Aged pension sustainable ? Of course it is & more than that, it'll stimulate the economy way more than all negative gearing combined !
Posted by individual, Sunday, 17 February 2019 11:33:11 AM
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Indy,

I spoke with my younger son, I read your post to him. He said "Do I have to respond to one of your anonymous and annoying Commie Labor mates!"

His points
* He does not expect to ever receive an aged pension.
* Income tax is too high.
* He pays superannuation.
* Thinks aged pension should only be paid to the poor, too many collecting who have money and assets.
* Wants that card business extended to all pensioners. Got the idea too many "old farts" are down at 'Gods Waiting Room' boozing, and playing pokies with the pension money, his tax money.

I told him BTW "Comrade Individual is not a Communists, he is only the Secretary of our local Politburo!, that's all". He said "I've read your online forum BS, and you're all wacko's!
Posted by Paul1405, Sunday, 17 February 2019 6:12:12 PM
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Paul1405,
Cheers for that. Yep, he sounds like the average young bloke with a head full if idealistic views (same as my bloke) who has a school teacher for a mother (say no more).
I don't think there's any way to ever get past a pension. A mate of mine recently said that we should all be fitted with a chip at birth which has an ABN. We could just go through a life of negative gearing. Yeah, right !
I maintain that Super should not be compulsory but Pension should. It would give those who exercised control more satisfaction at retirement instead of being pi$$ed off at no-hopers getting more from Centrelink than those who worked & saved.
Those who exploit negative gearing throughout their working life should not be entitled to a pension. They can have their Super if they so decide. Personally, I'd like to see NG a thing of the past & Pension a thing of the future. Economically it'd be a real winner for all Of Australia.
Posted by individual, Sunday, 17 February 2019 7:23:22 PM
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