Labour pension pledge will cost £58bn and that's them saying it.

I have a lot of sympathy for the WASPI and it's not just the women I am 59 and caught the tail end of the pension changes as well although they have suffered far worse.

That said this is just a ridiculous amount of money that the country cannot afford.

They are due some form of compensation but realistically it can never be the full amount.

[Link]

One more point

Since the end of Bretton Woods in 1971 all currency has become 'fiat', ie backed by nothing of real value.
Ending BW allowed banks/govts to massively increase the money supply (inflation) which ultimately dilutes the value of any existing currency ie you continually need more to pay for the same thing/asset.
Ultimately this is wealth confiscation of the masses to benefit only the very very few.
To get back on topic , it'll never change all the while the public remain ignorant (small 'i' and politicians continue to ignore this deliberate theft.

Which is why i don't vote.

Buy Litecoin.

I wonder if someone looked at the polls and said "I know!".

LOL. Expect more of this to come because if what I am reading in some of the more detailed (and admittedly sad) analysis then Labour are in SERIOUS trouble.

Now I have to accept that polling is a flawed science and would urge all the cavats around that but if what they are reporting from marginals that Labour have to hold, let alone the ones they need to win, then they are in the brown smelly stuff right up to their non-gendered little necks.

Still struggling to get over the reality of the 2017 election where even on election day the majority of polls were still showing a clear win for May but they must have adjusted accordingly now and this all feels different.

And Brexit. The crucial factor here. In 2017 Labour supported it, now they effectively do not. That is the perception.

These b******s are going to become incredibly desperate. Be surprised by nothing now they offer.

Edited by Matov (24 Nov 2019 2.20pm)

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell.

£58 billion is more than we raise in Corporation tax in a year.

Just been speaking to my sister in law who is well up on this. It seems there are two groups of campaigners one that wants full compensation the other that would accept partial.

I think most people when they understand the issues are sympathetic but £58bn stretches that sympathy.

If the Tories have any sense they will look at offering some form of partial carrot.

One more point

Including me if I was born a few months earlier I would retire at 67 not 65 so you are correct it impacts men as well but the jump for women was bigger.

I think for them it went from 60 to 63 then to 65 then to 66 or 67 all in a few short years.

It was the speed of the change that they are complaining about.

If you are just starting work now the retirement age will be 70 or older assuming that there is anything left to collect.

We should have moved to a system like the Australians. Its compulsory with an additional voluntary element. Everybody has an individual pot so you are not paying for the shirkers and can top up if you can afford it.

One more point

My view on the Tory manifesto is steady as she goes. Boris has shown his true colours he is a one nation Tory not really as radical as some would suggest.

This is the type of Manifesto that the clueless Theresa May should have delivered in 2017. It appeals to the faithful and gives the undecided a clear choice.

Vote Tory and you get Brexit no big tax rises and money for the NHS. Or take a gamble and vote Labour for big tax and spending and god knows what on the EU.

If you are risk averse it's a no brainer.

One more point

Winter of discontent. You would have thought they would do Jezza a solid and postpone it until next year. But Labour always seem to turn on themselves and eat their own young.

One more point

Now there's a question. It's always hard to tell but this site offers a breakdown by constituency. It might be accurate or well off the mark, but is interesting to keep an eye on as the election approaches

2019 General Election Seat Forecast - [Link]

Edited by dollardays (25 Nov 2019 11.36am)