Liz Truss

Jaffa_The_Hut

Well-known member
Her speech at the Tory party conference interrupted by 2 Greenpeace demonstrators displaying a banner it got pulled off them by one of the delegates but another one soon came out. 🤣
Eventually escorted out by security.
 
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I see there is mention of the Government raising the pension age again to pay for the failing economy, effectively robbing people of a further year of their pension (£9,000 on top of the £18,000 already robbed when it went from 65 to 67).

If it does go up to 68, with average life expectancy running at 74 for a male in Blackpool, it means you might be looking on average at getting just 6 years of pension (£54,000).

At least we will have a blue passport during those final 6 years free from work.
 
I see there is mention of the Government raising the pension age again to pay for the failing economy, effectively robbing people of a further year of their pension (£9,000 on top of the £18,000 already robbed when it went from 65 to 67).

If it does go up to 68, with average life expectancy running at 74 for a male in Blackpool, it means you might be looking on average at getting just 6 years of pension (£54,000).

At least we will have a blue passport during those final 6 years free from work.
It's really despicable, especially when they are only doing this to make sums add up in a spreadsheet to cover their arses after what they've pulled. Reviewing pensions with life expectancy is fine but it's really stupid to do it now considering life expectancy has plateaued and we've just had a once in a hundred years pandemic

However it's not quite as bad as your post. Average life expectancy is 74 for a male in Blackpool but this includes everyone who dies aged 1-66 so those who never reached current pension age. I don't know the local figure but nationally your average life expectancy if you are 68 right now and ready to take your pension is 85 for a male and 88 for a female. That's a few years above the general average. It does raise an interesting point however that if we informally tie pension to life expectancy pensions should therefore theoretically be tied to more specific average life expectancy (affected by income, exercise, race, sex, smoking etc). Will never happen obviously and some of those are personal choices. Men retiring sooner though is kind of interesting.
 
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Truss wants to be Thatcher. Her every photo opportunity says so. The rhetoric is Thatcher to a T - but without the intelligence. However, whilst Thatcher went for broke with her moneterist plan for growth, she had the backstop of the massive funds brought in by North Sea oil and the receipts from selling shares in nationalised industries. These days, the income from the North Sea reserves is falling drastically and there's nothing left to sell off. The only way she'll pay for her tax cuts is with huge reductions in public spending and a bonfire of Regulations and workers rights.
 
Truss wants to be Thatcher. Her every photo opportunity says so. The rhetoric is Thatcher to a T - but without the intelligence. However, whilst Thatcher went for broke with her moneterist plan for growth, she had the backstop of the massive funds brought in by North Sea oil and the receipts from selling shares in nationalised industries. These days, the income from the North Sea reserves is falling drastically and there's nothing left to sell off. The only way she'll pay for her tax cuts is with huge reductions in public spending and a bonfire of Regulations and workers rights.
I think Thatcher made a comment along the lines of “you can’t make a soufflé rise twice”.
 
I see there is mention of the Government raising the pension age again to pay for the failing economy, effectively robbing people of a further year of their pension (£9,000 on top of the £18,000 already robbed when it went from 65 to 67).

If it does go up to 68, with average life expectancy running at 74 for a male in Blackpool, it means you might be looking on average at getting just 6 years of pension (£54,000).

At least we will have a blue passport during those final 6 years free from work.
Labour made the last age increases. It seems to have opened the door to acceptable future rises.

I went from 60 to 67 last time 😳
 
Labour made the last age increases. It seems to have opened the door to acceptable future rises.

I went from 60 to 67 last time 😳
Decisions made by people who work in offices that seem to have little concept of physical work. I'd love to make some of these MPs from any party do my job for a year and then ask them if they'd still fancy it when they are approaching 70!
Seems to me very few MPs retire in their mid 60s i think that tells us a lot about how demanding the job is for most of them!!
Although Liz Truss does look to have aged by 5 years in the last week!!
 
Labour made the last age increases. It seems to have opened the door to acceptable future rises.

I went from 60 to 67 last time 😳
It doesn't mean it was right. Labour weren't vaccinated against making bad decisions. Another increase in the State pension age would be a bad decision.
 
She’s bonkers. Being anti fracking has nothing to do with being anti growth. She is an hopeless case. Preaches growth yet had a stunning work career of 4 years before becoming a professional politician.
 
Labour made the last age increases. It seems to have opened the door to acceptable future rises.

I went from 60 to 67 last time 😳
It was the Tories in 1995 that increased the age for women from 60 to 65 to match men because they retired 5 years earlier, it just didn't get taken into effect for most people for a long time because of the cut off dates, although presumably Labour could have reversed it if they wanted to and didnt. Considering women live longer than men it was pretty unfair for them to retire 5 years earlier. The 60/65 ages had been in place since 1940 when the average life expectancy was 20 years below what it is now so it does make sense to increase it, although it started from too high a place in the first place (half the people would have died before ever getting it). Pensions cost 100bn a year so putting it back to 60 would be enormously costly. Plus the knock on effect of 8 years worth of workers not working and paying taxes. I don't think 60 is at all realistic anymore. But it shouldn't move up more to 68 either as life expectancy is plateauing
 
It was the Tories in 1995 that increased the age for women from 60 to 65 to match men because they retired 5 years earlier, it just didn't get taken into effect for most people for a long time because of the cut off dates, although presumably Labour could have reversed it if they wanted to and didnt. Considering women live longer than men it was pretty unfair for them to retire 5 years earlier. The 60/65 ages had been in place since 1940 when the average life expectancy was 20 years below what it is now so it does make sense to increase it, although it started from too high a place in the first place (half the people would have died before ever getting it). Pensions cost 100bn a year so putting it back to 60 would be enormously costly. Plus the knock on effect of 8 years worth of workers not working and paying taxes. I don't think 60 is at all realistic anymore. But it shouldn't move up more to 68 either as life expectancy is plateauing
state pension age had been 60 for women, and 65 for men. The Act changed this so that the women's pension age would be made equal with men, but that the transition should only be phased in from 2010 to 2020.[9] In 2006, a cross party Parliamentary report again recommended equalisation of ages on the basis of equal treatment of both sexes. It also recommended a rise in the state pension age for both men and women to 68 between 2024 and 2046. The rationale for the age rise was that people would be living longer in the future.[10] This was put into effect by the Pensions Act 2007.

In 2007 under a Labour government the changes were accelerated and some, and implemented and that’s when I jumped officially from 60 to 67. Both an increase for equality and another increase on top of that.

My point stands, you cannot pin the rises in SPA on just one government and they all react the same when it suits.
 
There's definitely an increasing sign of desperation in the anti-Truss rhetoric on this site. She had a stunning work career of 4 years before becoming a professional politician. 😄 Thatcher to a T - but without the intelligence. 😅 Liz Truss does look to have aged by 5 years in the last week!! 😆 She's well out of her depth 🤣

What is more interesting is that Liz seems to be getting a handle on the job, is showing both flexibility and leadership, appears to be genuinely honest and is making the prosaic leader of the opposition look even more uninspiring than before.
 
state pension age had been 60 for women, and 65 for men. The Act changed this so that the women's pension age would be made equal with men, but that the transition should only be phased in from 2010 to 2020.[9] In 2006, a cross party Parliamentary report again recommended equalisation of ages on the basis of equal treatment of both sexes. It also recommended a rise in the state pension age for both men and women to 68 between 2024 and 2046. The rationale for the age rise was that people would be living longer in the future.[10] This was put into effect by the Pensions Act 2007.

In 2007 under a Labour government the changes were accelerated and some, and implemented and that’s when I jumped officially from 60 to 67. Both an increase for equality and another increase on top of that.

My point stands, you cannot pin the rises in SPA on just one government and they all react the same when it suits.
UK state pension is one of the lowest in Europe. Been on it for nearly a year and so glad I have an occupational pension as well.🤔
 
There's definitely an increasing sign of desperation in the anti-Truss rhetoric on this site. She had a stunning work career of 4 years before becoming a professional politician. 😄 Thatcher to a T - but without the intelligence. 😅 Liz Truss does look to have aged by 5 years in the last week!! 😆 She's well out of her depth 🤣

What is more interesting is that Liz seems to be getting a handle on the job, is showing both flexibility and leadership, appears to be genuinely honest and is making the prosaic leader of the opposition look even more uninspiring than before.
Labour +33
 
It was the Tories in 1995 that increased the age for women from 60 to 65 to match men because they retired 5 years earlier, it just didn't get taken into effect for most people for a long time because of the cut off dates, although presumably Labour could have reversed it if they wanted to and didnt. Considering women live longer than men it was pretty unfair for them to retire 5 years earlier. The 60/65 ages had been in place since 1940 when the average life expectancy was 20 years below what it is now so it does make sense to increase it, although it started from too high a place in the first place (half the people would have died before ever getting it). Pensions cost 100bn a year so putting it back to 60 would be enormously costly. Plus the knock on effect of 8 years worth of workers not working and paying taxes. I don't think 60 is at all realistic anymore. But it shouldn't move up more to 68 either as life expectancy is plateauing

It’s plateauing cos of the Mayonnaise effect.
 
Only 74 in Blackpool ? Glad I live in London then !
Not sure it's that high tbh.

From ONS

Both men and women in Blackpool have the lowest life expectancy from birth of any local authority in England. Blackpool's life expectancy is 5.3 years below England and 3.9 years below the North West in Males. Female life expectancy is 4.2 years below England & Wales and 2.7 years below the North West female life expectancy average
 
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There's definitely an increasing sign of desperation in the anti-Truss rhetoric on this site. She had a stunning work career of 4 years before becoming a professional politician. 😄 Thatcher to a T - but without the intelligence. 😅 Liz Truss does look to have aged by 5 years in the last week!! 😆 She's well out of her depth 🤣

It's not just on this site - that well known Marxist Piers Morgan in that leftist rag favoured by Momentum, the Sun, has criticised Liz as well. He is clearly a desperate man.

 
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It's not just on this site - that well known Marxist Piers Morgan in that leftist rag favoured by Momentum, the Sun, has criticised Liz as well. He is clearly a desperate man.

25% of 2019 Tory voters now say they will vote Labour
 
25% of 2019 Tory voters now say they will vote Labour
If it's true, Labour will get back into power. Seems to be the same every five years but the Tories still end up in government. Why is it that Labour can't seem to convince voters when it comes to putting an X in the box?
 
What hasn't been factored in is the number of Remoaner voters who will vote Lib Dem at the next GE, as they are in favour of another referendum whilst Labour say they are not now against Brexit.
 
state pension age had been 60 for women, and 65 for men. The Act changed this so that the women's pension age would be made equal with men, but that the transition should only be phased in from 2010 to 2020.[9] In 2006, a cross party Parliamentary report again recommended equalisation of ages on the basis of equal treatment of both sexes. It also recommended a rise in the state pension age for both men and women to 68 between 2024 and 2046. The rationale for the age rise was that people would be living longer in the future.[10] This was put into effect by the Pensions Act 2007.

In 2007 under a Labour government the changes were accelerated and some, and implemented and that’s when I jumped officially from 60 to 67. Both an increase for equality and another increase on top of that.

My point stands, you cannot pin the rises in SPA on just one government and they all react the same when it suits.
Do not sit on the fence Lala ,who would you prefer ,red or blue, or another .
 
If it's true, Labour will get back into power. Seems to be the same every five years but the Tories still end up in government. Why is it that Labour can't seem to convince voters when it comes to putting an X in the box?
It is absolutely not the same. Look at the rolling polling averages here going back to 2014. The largest lead for Labour was 7pts, 39-32 in Feb 2014. Between the 2015 and 2017 elections Labour never held a lead. Between 2017-19 Labour had moments of a very slim 2-3pt lead when Reform was splitting the vote, but once Boris took over Labour never held a lead until the 2019 election.

Labour's current lead in the average is 22pts. That's 3 times as big as their previous record in the last 8 years. While we are two years out and things can change, this is unprecedented. Nearly every major pollster has now found either the biggest polling lead for Labur they have ever recorded, or the biggest polling lead for any party ever recorded. If you are clutching to recent polling history for hope, you'd have to go back to the mid 1990s to find leads even close to this big for Labour. And we know what happened then.
 
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Not sure it's that high tbh.

From ONS

Both men and women in Blackpool have the lowest life expectancy from birth of any local authority in England. Blackpool's life expectancy is 5.3 years below England and 3.9 years below the North West in Males. Female life expectancy is 4.2 years below England & Wales and 2.7 years below the North West female life expectancy average
just spent some time in Portugal with an old friend of mine and her relatively new American husband, he's a retired economist who advised the fed, world bank and a host of other institutions, knowing I was from Blackpool he had been looking at the town and he was absolutely gobsmacked when he found out that the life expectancy between Blackpool and Chelsea was 12 years, he couldn't work out how it was possible in a relatively small state. I spent a couple of hours explaining the historic socio economic dynamics of the UK.
 
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