Pensions for all and solidarity forever…

Legal Eagle

copyright Professor Megan`s photostream

I am aware that my recent comments concerning social democracy and the golden generation may have been slightly misconstrued. My intention was not to critique those now retired I was actually commending this generation for placing themselves on the right side of the poverty line, a position they and previous generations earned through struggle. I simply wished to highlight the obvious, that future generations who manage to reach the ever distant pensionable age, are going to find themselves in poverty. And we must reflect upon this as social democratic institutions wither on the vine both here and abroad. Quentin Crisp once said that in Britain the “people are cruel but the system kind; while in America the opposite was true”. If we accept this notion, then we need to ask, what happens to the poor in Britain when the system also becomes cruel? Because, I for one am tired of hearing privileged Tories bemoaning the fact that people are simply living too long in this country. We should be rejoicing in this and congratulating some of the social democratic institutions that have made this possible, such as the National Health Service, which is looking increasingly susceptible to privatisation in the future. One thing is for sure; once this privatisation kicks in we will undoubtedly see a drop in longevity levels in the UK, thus allowing the rich to make huge profits while resolving the tiresome problem of the demographic time-bomb. Read more of this post

Osborne doesn’t need to spend more time in the Treasury

Image © HM Treasury

Image © HM Treasury

Tom Bailey (@baileys72)

Tim Montgomerie recently argued that George Osborne should restrict his role to being Chancellor, rather than also acting as ‘chief election strategist and general busybody across government’, so that he can get a grip on the economy. I’d argue that he should be sacked from both roles rather than restricting his duties to the Treasury. Of course, it is unsurprising to read a left-wing blogger demand that a Conservative chancellor be sacked but I believe many of the coalition’s problems, both political and economic, spring from him. However unrealistic it is, I think there are various reasons why the Conservatives’ long-term prospects would be best served by Cameron ditching his part-time Chancellor.

Firstly, Osborne has not demonstrated any evidence of economic understanding ahead of the crash nor had any success since taking office. In 2006 he described Ireland ‘as a shining example of the art of the possible in long-term economic policymaking’ before in 2007 pledging to match Labour’s spending plans. Given the coalition’s rhetoric against state spending and excessive debt, this seems extremely hypocritical. Since 2010, there has been an economic failure as result of the economic strategy that he put in place. His 2010 Mais Lecture provided the underpinning for the austerity strategy which has helped drive us into a double dip recession. It is hard to see how Cameron could ditch his failing policies without getting rid of the architect.

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