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State pension age could rise again after cost of triple lock soars

⁨15⁩ ⁨likes⁩

Submitted ⁨⁨12⁩ ⁨hours⁩ ago⁩ by ⁨G4Z@feddit.uk⁩ to ⁨unitedkingdom@feddit.uk⁩

https://inews.co.uk/news/politics/state-pension-age-rise-again-cost-triple-lock-soars-3816314

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  • tankplanker@lemmy.world ⁨11⁩ ⁨hours⁩ ago

    Sick of them refusing to address the actual problem. Triple lock costing too much money right now? I know let’s fix it by reducing the amount of people claiming it for an extra year, years from now. Punishing the very people actually contributing the tax revenue to pay for the pension and the triple lock today.

    If you are spending too much money now you either need to reduce the money being spent now by binning the triple lock or increase taxation this year and be hones thats what its (part) paying for. Except you too chicken shit to do that.

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    • Denjin@lemmings.world ⁨10⁩ ⁨hours⁩ ago

      But what about our fiscal rules??!?

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      • tankplanker@lemmy.world ⁨10⁩ ⁨hours⁩ ago

        The completely made up and arbitrary fiscal rules? The ones we could change at any moment, for say, defense spending?

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  • TheGrandNagus@lemmy.world ⁨10⁩ ⁨hours⁩ ago

    We saw how politically unviable it was to take away WFA from those who had money while still preserving it for people who don’t.

    Labour completely collapsed in the polls overnight, and have paid an extremely heavy price for it, with the biggest reason stated for the polling drop and sub-par local election results being the WFA changes.

    Now imagine scrapping triple-lock.

    It simply will not happen. Anybody who says they do it won’t be elected, and anybody who does it without it in their manifesto won’t be elected again.

    Not that Labour could pass it even if the leadership wanted to weather that storm. There would be a backbencher revolt the likes of which we’ve never seen before. MPs wouldn’t back something they know will get them ousted.

    Sadly it seems the only thing that will put an end to the insanity of triple lock is terms pending a bailout from the IMF.

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