[barney bear]

Originally Posted by wraymond

That's not quite the whole story. Osbourne appears to forget about the triple lock mechanism. It's funny how he forgets crucial elements when it's inconvenient to remember. State Pension is guaranteed by three factors:

Increase in average earnings
Inflation
2.5% rise.

This is part of the law enshrining pensions to protect against precisely what is now happening. In his statement Cameron said as reported 'it is not guaranteed'. Well, yes it is. Until a Commons vote rescinds it. Fortuitously, he left hanging in the air the implication that it might be cancelled.

It is part of the plan to eventually raise the State Pension, over about 40 years, to around the equivalent of £140 per week. A decent man would at least consider raising revenue to cover things like pensions from, say, the Foreign Aid budget by reducing our contributions to the level that most other European countries do, about 1/7th of ours. But then, is he a decent man?

No, he is most definitely not a decent man. He is just another power hungry leach who looks after his friends and stands on the neck of the common man.