Leyonhjelm - Pensions are charity

Discussion in 'Markets & Economies' started by bordsilver, Feb 17, 2015.

  1. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    It'll be a long time before I retire too, but well before that happens we're going to have a very big problem with our demographics.

    Unless we change the way we calculate what people are entitled to, we're not going to have enough money. The current entitlements aren't sustainable in a future where there are only three or four workers per retiree.

    And yes, we're going to need more babies and more immigrants with a range of sills and abilities ranging from unskilled minimum wage earners all the way up to entrepreneurs and managers on very high incomes. 1 high income earner can generate as much tax revenue as 100 low income earners, but there's a limited supply of them and we still need people to serve takeaways, pick up the garbage and change the sheets in the nursing homes for huge number of old people we'll have.

    (One of the reasons I'm in favor of not treating refugees like shit is that we actually need a hell of a lot of people who are prepared to start at the bottom in a new country and work hard to make a life for themselves here. We need them, they're prepared to risk their lives because they want to come here that badly so it should be a win-win.)

    At present through, we have confused entitlement with need. We're barely going to be able to cope with people's actual needs, let alone what an army of aging Baby Boomers would be entitled to under the current rules.

    Sure, take what you're entitled to but be aware that you're f--king things up by doing it.
     
  2. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
  3. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    They have been siphoning me my entire working life why would i care ?it will be my time to reverse the flow.(if its still available )
     
  4. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
    Huge multinational corporations are taking huge profits from this country, paying little or no tax while others are concerned about pension payments .... how retarded is that ....
     
  5. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83

    The reason we had immigration waves in the late 1950s and 60s was to bring in migrants to do the work others didnt want to do ... and its pretty much the same lazy bone arse reason today .... while others insist on how important their cushy desk jobs are so they can fluff around and get paid well for it .... because they sure as hell arent willing to "work" for it .... yeah bring in more cheap labour ... we have meetings ... and beer and bbqs to attend to ... and those migrants that came and worked hard, really hard .... dont deserve a pension because they didnt piss it up against the wall ....
     
  6. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    Perfectly normal for any self interest group :p:
     
  7. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
    Paying people money to sit on their bums for a living is giving away free money .... coming to this country, working hard, being a saver and trying to build a life for themselves, getting old ...
    is exploitation ....

    I doubt i will be eligible either ... but im not gullible enough to believe the bs politicians spin ...
     
  8. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    I am sitting on my bum earning money right now :p

    It's not as much fun as you might think.
     
  9. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83

    Its not meant to be fun .... corporations need zombies ... it helps them avoid scrutiny and their employees unwittingly defend them ... because they are subconsciously suckling from their payroll teat ... the love of money is the root of all evil ... whether you believe it or not ...

    I generally 2 kinds of reactions pointing this out ... those that see the truth in it are not offended ...
    those guilty of the truth in it are offended ...
     
  10. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    I believe it . It is also the source of much fun .I have seen so many people change or do stupid things over money .

    @ silverpete i also agree. Being in business i know sitting at a desk doing paperwork or at a computer is stressful & no fun I would much rather be doing other things
     
  11. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
    exactly
     
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    And women.... also a reason for guys doing stupid things ;)
     
  13. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,517
    Likes Received:
    639
    Trophy Points:
    113
    Location:
    Australia
    They (as in the Government) have been siphoning off you for your entire working life, but the money coming from reversing the flow isn't coming out of the Government's pockets, they are empty, it will be coming out of other tax payers'.

    Which all works quite well, until we run out of tax payers, or the number of tax payers is less than the number of people living off their backs.

    I was fortunate, when I started work they told me outright, "If you expect there to be a government pension waiting for you when you retire you are deluded, you need to sort yourself out."

    The generation before me thought that they had paid money into a big government pension fund that had been well invested and would pay them out for the rest of their life, and it would be a cushy retirement. That's what they were told. But even my folks had private pension plans (which were also lies and didn't return nearly as much as the financial advisers said they would), so I guess not everyone believed it even then.

    We should be sorted, unless the gov starts raiding the Superannuation but even then, I have my stack.
     
  14. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
    It is more likely the government will pick the public's pockets ... rather than private enterprise ...
     
  15. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    and vice versa!
     
  16. l***g

    l***g Well-Known Member Silver Stacker

    Joined:
    Jun 20, 2014
    Messages:
    492
    Likes Received:
    228
    Trophy Points:
    63
    Location:
    a blue sunday
    The pension is charity in the same way that unemployment benefits are charity.

    Those poor people that have to use it or risk starving to death are to be pitied and should get it.

    Those people who chose to recieve it, either as a lifestyle choice or through poor planning or hiding assets, when there is something they could do that would mean they do not need it, are misusing the system.
     
  17. lurk@l0t

    lurk@l0t Active Member

    Joined:
    Nov 29, 2013
    Messages:
    518
    Likes Received:
    79
    Trophy Points:
    28
    Location:
    AuSS
    Since over 90% of refugees live off welfare for the rest of their lives, i find your suggestion that they are somehow an integral part of the 'solution' highly amusing! :lol:
    The overwhelming majority are lifelong welfare parasites and simply compound the unsustainability of our current welfare state model many times!
     
  18. hawkeye

    hawkeye New Member Silver Stacker

    Joined:
    Nov 10, 2010
    Messages:
    2,929
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Perth, Australia
    What about the public sector? I know in other countries that they get government pensions above what the average person does. Is the same true here? Or they get it at an earlier age or whatever. I honestly don't know but am very curious because what I see in places like America pretty much amounts to fraud in my mind, government-sanctioned fraud but fraud all the same.

    I completely agree about the pension being charity. I have no intention of taking it personally, if I can possibly help it. Never know where life will take you of course but that is my intention.
     
  19. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Its been shown that adding more people is now actually making things even worse. Its just not working anymore. And anyway, it would just be kicking the can down the road.
     
  20. smk762

    smk762 Active Member Silver Stacker

    Joined:
    Sep 5, 2014
    Messages:
    1,255
    Likes Received:
    4
    Trophy Points:
    38
    Location:
    Westralia
    Please provide some sources to validate your rhetoric. I'm aware that bridging visas for asylum seekers specifically prohibit employment. Upon residency being granted, there may be language and cultural barriers that reduce their ability for find employment, and discrimination also plays it's part when they are submitting applications. The current 12 year high in unemployment figures certainly don't help either.

    In many cases, their inability to be self supporting is at least partly due to systematic factors. Funding for education and training should be a priority, but who wants to pay for that? Their reliance on welfare is not ideal, but an effective program for their transition to employment is not available. Unfortunately this has the potential to promote recruitment into extremism, as idle hands seek purpose from a sympathetic benefactor with manipulative methods and malevolent intentions. On the flipside, this by extension allows for justification to increase government funding for agencies and programs that promote fascism and diminish the liberty of all citizens.

    Perpetual welfare is a waste of taxpayer's money, as much as welfare reliance is an abdication of liberty. The cost of increasing fascism is bourne by the citizens who trade liberty for the perception of security. Personally I'd prefer my tax dollars went to training those declared as refugees with skills our economies have a shortage of, and employer subsidies for those willing to give them a chance and able to mould them into productive citizens. Eventually, hopefully, this would reduce the adversarial and intolerant climate we exist in at present.
     

Share This Page