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

Is The Aged Pension Sustainable?

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That is what progressive caring nations do.
Steele Redux,
Progressives aren't actually progressive. They borrow money to lend money & just you wait a few more months when the crap hits that fan. China is already slowing down dramatically.
They all followed the japan model of producing cheap but as their living standards go up they too became uncompetitive, Korea followed, then China & now we already see a rise in manufacturing in Thailand & Taiwan.
I've heard that the Amazon shares are at $220 at the moment but if Amazon were to have to pay out their shareholders, the best they could offer is $25. Major Airlines don't actually own planes, they're all leased.
The way things go we might even start manufacturing here again soon.
Posted by individual, Tuesday, 19 February 2019 1:03:55 PM
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Dear Paul1405,

Tell your son you went through your life paying for the pensions of those who had retired without complaining about it. It was just something we did as a nation, same as creating a universal health system. His generation seems to be the first who are really whinging about it and for patently selfish reasons too.

I actually hear the same arguments about Medicare, that it should be there only for the less fortunate and that everyone who can afford it should be on private health arrangements.

What is really going on is that the coalition types like your son who want to do away with what earlier generations have built for this country, who in truth despise the values of egalitarianism, who rail against the mix of capitalism and socialism that we currently have. The motives are base and selfish and if successful will have us fall into the type of hypercapitalism which afflicts the US causing that country to incarcerate more of its citizens than any other nation in the world in order to maintain the inequities of its system.
Posted by SteeleRedux, Tuesday, 19 February 2019 1:56:46 PM
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the coalition types like your son
Steele Redux,
Surely you meant the progressive types ?
Posted by individual, Tuesday, 19 February 2019 2:58:32 PM
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Hi Steele,

Being an economic conservative, my son thinks all welfare is crap. The line he pushes on aged pensions, is more or less, bad luck if you didn't succeed in life to retire of your own means. Then there is the argument, he pays tax for pensions today, and pays superannuation as well, there wont be any pension tomorrow for him.
Posted by Paul1405, Tuesday, 19 February 2019 3:27:27 PM
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there wont be any pension tomorrow for him.
Paul1405,
He is right on that one IF present & next term Govt don't pull their socks up. I can not state it often enough that LNP/ALP must be kept in line by Independents so in the upcoming election do not vote for the two majors.
We can no longer let the majority be held at ransom by a handful of incompetent self-serving bureaudroids. By majority I mean the staunch LNP/ALP supporters who are being hoodwinked by their manipulating party Lords.
We should press very hard leading up to the election on their policies on Pension, asset testing, Law & Order (Drug abuse & theft), public infrastructure & employment etc. We need to know their policies BEFORE we vote !
Also review the Tax Commissioner's & Centrelink CEO salaries because half a million plus is just too much !
Posted by individual, Tuesday, 19 February 2019 4:31:47 PM
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Dear Paul1405,

I am curious as to why is he saying he will not get a pension?
Posted by SteeleRedux, Tuesday, 19 February 2019 4:56:22 PM
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