whoops: in last post made some mistakes in the arguments logic, but I'll assume readers are smart enough to know that I meant.

"3 has no right to demand such a thing" should be
"2 has no right to demand such a thing"

"and not only that 3 demands that 2 mow his lawn twice"
should be
"and not only that 2 demands that 3 mow his lawn twice"

There's also spelling/grammar mistakes. I've a bit of brain fog this morning sorry.

"Yep, at last you've got some right." -> "Yep, at last you've got something right."

"The is no special back-account where the government stores a portion of tax the tax-payer future old-age pension." -> "The is no special bank account where the government stores a portion of a tax-payer's tax for their future old-age pension."

"pensioner's keep asking for more perks" -> "pensioners keep asking for more perks"

And surely other mistakes...

Hi thinkabit,

"I'll assume readers are smart enough" Never assume that of us Forumites. Down at the 'Shady Pines Retirment Village' note I misspelt retirement but couldn't be bothered correcting it. Well the lads down at Shady Pines, yes they're all lads, as the joint has a "no chicks allowed" policy which suits the lads just fine. The fellas are not all that good on the up-take when it comes to book learn'n and such stuff.

"Imagine a suburban street with nice houses and lawns" I tried, but I can't imagine it, how about a suburban street of slums and drug dens, crack houses and brothels. I can imagine my street, now I've got it! Yes all well my neighbour fertilizes my jungle every time he comes home pissed from the pub.

Seriously the point is true, universal superannuation was talked about in Australia by politicians as early as 1915. It was the long running Menzies government that had no desire to introduce universal supa, now we are paying the price. A pensioner couple owning their own home, with up to $385,000 cash in bank are entitled to a full pension of around $1400 fortnight and full benefits. As many have health issues the PBS with a script @ $5.60 and a safety net is a god send, as is reduced rates and some other fringe benefits. The recent 2 off $750, another two $250 cash payments to aged pensioners were intended to stimulate spending in the economy. The fact is, in most cases, the first $1500 payment just sits in bank accounts, as will the next $500. What does that tell you?

Pensions are pure Socialism!
Paul1405,
How to you come to that conclusion ? The greater majority of pensioners have bought their pension over 50+ years.
It's only socialism when it's paid to people like yourself !

Indy, how many times do we have to say, todays pension is paid with todays money. There was no provision made in your working life by you or the government of the day to pay you a future pension. For you to receive a pension, workers and business have to be taxed today. It might make you feel better to think you pension was paid for in the distant past, NOT TRUE! BTW if what you say is true, when does it run out? Never!

you pension was paid for in the distant past,
Paul1405,
I can't believe how thick you pretend to be. Of course it's present-day money that's used just as it was present-day money when I was young & contributed to the pensions of old people then.
It's rollover money, as simple as that. This way people who pay for others today get paid for by others tomorrow. It's an investment scheme ! Ordinary working people pay for the pension that someone who is older receives just as they will receive it from younger contributors of their day.
This is simply a scheme of a civilised society which is jeopardised by people with your mentality !