Priorities

[baggy1]

Your policy would only work for the 1st generation, once that has been stripped away where will the asset growth that will fund your theory come from? People won't have the assets, 50 year mortgages and property prices that price most of our kids mean the majority will never own the assets to draw on in old age.

It's not a zero sum game though is it? You don't *just* deal with this issue - you have to deal with the housing issue too.

As an alternative to asset grabs, how about compulsory insurance instead? Or Pensioners paying NI? You can't exempt those who will benefit the most from payment.

Now we’re getting somewhere, you’re right what about compulsory insurance - or here’s a thought instead of making a payment to a private company to cover that insurance which will have clauses in to mean we get not much more than the minimum, why don’t we call that compulsory insurance a ‘tax’, lets call it and National Insurance and tax those that can afford it at source - how about that for an idea, that would benefit everyone and not just those that can afford the ‘insurance’.

And yes pensioners paying NI on anything they earn above their threshold - I’m with you comrade, lets do that as well. At last we are getting somewhere that we agree on rather than a short term one generation fix. 

Where can I send the application form to for your membership 

[Baggybenny]

Your policy would only work for the 1st generation, once that has been stripped away where will the asset growth that will fund your theory come from? People won't have the assets, 50 year mortgages and property prices that price most of our kids mean the majority will never own the assets to draw on in old age.

It's not a zero sum game though is it? You don't *just* deal with this issue - you have to deal with the housing issue too.

As an alternative to asset grabs, how about compulsory insurance instead? Or Pensioners paying NI? You can't exempt those who will benefit the most from payment.

Now we’re getting somewhere, you’re right what about compulsory insurance - or here’s a thought instead of making a payment to a private company to cover that insurance which will have clauses in to mean we get not much more than the minimum, why don’t we call that compulsory insurance a ‘tax’, lets call it and National Insurance and tax those that can afford it at source - how about that for an idea, that would benefit everyone and not just those that can afford the ‘insurance’.

And yes pensioners paying NI on anything they earn above their threshold - I’m with you comrade, lets do that as well. At last we are getting somewhere that we agree on rather than a short term one generation fix. 

Where can I send the application form to for your membership 

He wouldn't be able to complete the form, he cannot see beyond the end of his nose.

[Protheroe]

I think the difference between your view of compulsory insurance and mine is that individuals would get control over how they'd spend their pot on health and social care - rather than it all disappearing into general taxation and paying for current spending.

But NI above the threshold would be a start, the elderly can't expect to freeride when there are so many more of them living for much much longer.