Thoughts on individualism, the distance of family and the challenged state of social democracy
Typical of me, I’m afraid. I’m tipsy and decided my first serious post would be socio-political. I’m truly sorry. Title is a little dramatic. I read an opinion article on the FT (I’m still rinsing my free student subscription) about how “France and Britain are in thrall to pensioners”. It was a great read, but nothing I didn’t already know or think about. Though there is a pretty damning statistic - the average pensioner in France has an income 5% higher than the average income. That, in my opinion, is bonkers. We’re long past the point of the delusion that we “pay in” to a system and get to redeem our coupons when we’re retired, so I’m not going to address it as an argument. No, everything comes in and out of the Treasury year by year and it’s coming out for pensioners more strongly than anybody else. The Triple Lock (or as I like to think about it, mathematical eventuality of 100% GDP spending on pensions) is a mechanism to strengthen the state pension to ensu...