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25. August 2010, 22:51:58

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Thema: Re: A matter of priorities

Jim Dandy:

It is not a doomsday scenario. It is merely the government not having enough to pay for it. Then having to either raise taxes or cut elsewhere to pay for it all. People are now talking of changing the retirement age to 70 so people can work a few extra years. Still, if you live to be 85, and retire at 65. That is 20 years of pension to be paid. People are living longer and longer. The pension system can't keep up. The most wasteful are of most governments is the military. Eventually the money will have to come from there. Where else?