And if I had asked people last September, say, if they wanted lower taxes to put more money into public services, I’m sure they would have answered in the affirmative. I think it used to have a name like this. Trasonomics, right? Or was it Corbinomics? It’s hard to tell the difference. Both were about the triumph of hope over reality.
Now, this is unlikely to make it into the election manifesto, but if you want a decent retirement, you’d be better off raising your pension age.
The math is clear. Population aging, caused by declining fertility rates and people living longer, means skyrocketing pension costs and a relative decline in the number of workers to cover them.
Some argue that more migrant workers are the solution. Some even seek incentives to have children. But given the housing crisis caused by 15% population growth over the last 30 years, it’s hard to tell which is more sustainable.
When the State Pension was introduced in 1908, relatively few people lived long enough to receive it, and even then it was usually short-lived. Today, people in their late 60s and early 70s are much healthier and healthier than their grandparents in their 40s and 50s.
Of course, some jobs require a young age, but most of us can work until we are 70.
It’s common knowledge that when people live longer, they have to work longer.
Like 98.5% of the population, I missed Holly Willoughby’s tip on ITV’s This Morning about throwing dirty trainers in the dishwasher. Overall, I don’t think I missed much.
A woman named Lindsay Crombie, who now occasionally appears on the show as the “Queen of Clean,” is against this after trying to remove duck poop from her Plimsol without being entirely successful.
If this morning’s booking agents are reading, there are a few “hacks” they can share with their viewers for an appropriate fee.
On hot days, put your pants in the freezer to keep them cool. Put it in the microwave on a cold day and it will be warm and warm. Unless, of course, it catches fire. Then perhaps the Queen of Clean will advise you to stop doing it.
And on This Morning, “savings expert” Martin Lewis was at a loss for words when he learned that the couple took out a mortgage 40 years ago, only to find out at the end of the term that it was interest-only. It is said that
It’s easy to blame the bank now, but it’s hard to think of it as anything but self-harm when you’re careless enough to borrow enough money to buy a house without checking how you’re going to pay it back. is.
