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  • This is from the Sunday Times, but arguably captures the state of British politics better than anything else I’ve read during this election campaign.

  • Interesting where it mensions pensions. The current UK pension deficit is £7.2tn. Thats not far off a quarter of a million squids for every person of working age.

    This problem is actually pretty closely tied to the UK gov policy of high immigration levels too. The traditional government tools to tackle a pension deifict with an ageing population are:

    1) get people to have more babies (hard)
    2) raise retirement age (unpopular)
    3) encourage immigration (effective but unpopular)
    4) diversion of tax revenues to pensions. (Unpopular.)

    The lack of public discourse on this is saddening and heavily linked to Brexit. "Stop the freeloading forrins coming over here".

    The lack of intelligent public discourse on this issue is really sad.

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