1) The typical person not affected by the recession is a recently retired pensioner (Pension cashed out), with mortgage paid off (small outgoings), kids educated and large savings.
2) Generally young people who are mortgage free, and working in productive export industries are doing OK. They've been hit by taxes, and some by wage cuts.
3) Worst off are young families with large mortgages, and unemployed parents.
Capital gains tax should probably go up. Old age pension should be cut (slightly). There's no reason why OAP's should not have suffered a cut, and young unemployed should. Putting young people on a plane is not a good idea, as many may never return.



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