> According to > http://www.parliament.uk/documents/commons/lib/research/rp99/r > p99-111.pdf > life expectancy for a UK male has gone from about 70 to about > 75 in between > 1981 & 2011 - say 7,5% increase, I can't find the exact > figures at the moment but productivity per worker over the > same period has increased by much much more.
Well I'd say it was slightly more than that (78?) and anyway that is the LE at Birth, the figures so will only come into play in the middle of this century - the figures we'd want would be of people of working age and an average at that. But they probably did have the figures, I think they ignored the effect on future generations because no-one is going to turn down the chance of vast wealth so they all agreed on it, and now when the bills start to come in we realise what a momentously stupid and greedy idea it was. No one needs so much money when they retire. more tax and better state pension is the right way to go - just like in France (at least up until now) > If we could > afford final salary pensions in 1981 (and we > could) why can't we today? (clue - the answer is in my > preceeding mails ;)) My contention is that no only were people were blinded by greed and therefore igored the cyclical nature of the markets - which you agree - of but also ignoring the inexoarble increase in the life expectancy - which you don't - I guess we'll have to disagree. _______________________________________________ Leedslist mailing list Info and options: http://mailman-new.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email leedslist-unsubscr...@gn.apc.org MARCHING ON TOGETHER (There's it)
