Wednesday, December 09, 2009

Sharing the pain must include pension cut

If the budget includes no cut to the state pension then all talk of Lenihan being "brave" is proven to be nonsense. All the talk of everyone having to "share the pain" will be shown to be nothing but waffle.

There is no argument for not cutting the state pension if those in their 20s & 30s, who are probably enduring the pain of the current downturn more than any other group, are going to suffer cuts to child benefit, carbon taxes to make their drive to work more expensive and long term negative equity. That's not even counting all those young people who've lost their jobs.