Compulsory social care bill plan

[dipsydoodle]

People in England may be forced to pay as much as £20,000 on retirement to help fund the social care system under plans being put forward by ministers.

It is one of three options being proposed by the government alongside top-ups and insurance.

In return, the government said a certain amount of social care would be provided free to everyone, while accommodation costs could be deferred.

The current means-tested system is considered unfair and unsustainable.

http://news.bbc.co.uk/1/hi/health/8148116.stm

If you look at the rate of change between 2008 / 09 they might have conveniently overlooked the fact that as the majority of the population become the oldies they could cause complete chaos in voting patterns to get such crap reversed by any party who would do so.

[TheBigotBasher]

1. Another Pensions and Tax Timebomb

about to explode quite shortly.

the majority of the population become the oldies

It is why the Government is telling lies when they let out rumours suggesting that State Pensions will be cut or limited. No Government will have electoral power to do so.

If pensions face major cuts see how quickly a "SAGA" Party voting for Penal Taxes for those of working age would form.

[fedsron2us]

2. This would be the pension and care time bomb which has been known about since the 1980s

when the Thatcher government cut the link between earnings and pensions. One wonder what all those government actuaries have been doing over the past twenty five years. Of course what no one mentions is that the social care bill in the region of £16 billion pounds is as nothing compared with the largesse that has been doled out to rescue the banking system and the rest of the crony capitalist system that our politicians both Labour and Tory exist to serve. No wonder ordinary people have lost faith in the ability of the British state to deliver.

[TheBigotBasher]

3. I agree

and it galls me that we (as taxpayers) borrow money off them to give to them and they charge us interest for it.

These debts will never be cleared. Yet there was so much through the past 30 years that Government could not afford to provide, because the banks would have called any borrowing for those projects. Just fine and dandy to increase borrowing to never before dreamt of levels and provide guarantees to the banks that exceed the size of the UK economy.

Strange system and it is not capitalism. Crony capitalism is a good summation.