SAGA says......

HAMISH_MCTAVISH

We'd like to distract attention from the fact that pensioners are 47% better off in real terms than they were a decade ago.

And that pensioners income has risen by 3 times as much as working people's earnings in the last decade

Between 1998-99 and 2009-10, average net income after housing costs increased by 47 per cent.

Average pensioners’ income has grown faster between 1998-99 and 2009-10 than average earnings, which grew by 14 per cent during the same period.

http://www.dwp.gov.uk/docs/dwp048-11.pdf

So please raise interest rates so we can effect an even bigger transfer of wealth from young people to old, and us SAGA members can be EVEN MORE well off than we are now.

Thanks....

SAGA

martinthebandit

yes please

McKneff

Me tooooooooooooooooooooooo..............

FATBALLZ

You can't possibly say a bad word against pensioners, they've paid their tax and NI you know, everybody else should be happy to transfer everything they earn to the old.

HAMISH_MCTAVISH

FATBALLZ wrote: »

You can't possibly say a bad word against pensioners, .

I'm not.

Besides, I quite like special interest groups that are good at obfuscating the issues and bamboozling simpletons into supporting their cause. Respect.

Just thought Graham might like a bit of "context and analysis" before playing the "think of the poor pensioners" card next time.

DexterA

HAMISH_MCTAVISH wrote: »

We'd like to distract attention from the fact that pensioners are 47% better off in real terms than they were a decade ago.

And that pensioners income has risen by 3 times as much as working people's earnings in the last decade

http://www.dwp.gov.uk/docs/dwp048-11.pdf

So please raise interest rates so we can effect an even bigger transfer of wealth from young people to old, and us SAGA members can be EVEN MORE well off than we are now.

Thanks....

SAGA

Don't f*ck with pensioners Hamish.

Hamish makes a personal appearance 50 seconds in.

http://www.youtube.com/watch?v=bIHF4rVTK4E

Jimmy_31

HAMISH_MCTAVISH wrote: »

We'd like to distract attention from the fact that pensioners are 47% better off in real terms than they were a decade ago.

And that pensioners income has risen by 3 times as much as working people's earnings in the last decade

http://www.dwp.gov.uk/docs/dwp048-11.pdf

So please raise interest rates so we can effect an even bigger transfer of wealth from young people to old, and us SAGA members can be EVEN MORE well off than we are now.

Thanks....

SAGA

What about the young people with savings, wouldnt they benefit from an interest rate rise.

ILW

The only ones that matter are those that have got themselves up the their eyeballs in debt buying german cars and foreign holidays. They are the true heroes that should be rewarded. Obvious innit.

Graham_Devon

HAMISH_MCTAVISH wrote: »

Just thought Graham might like a bit of "context and analysis" before playing the "think of the poor pensioners" card next time.

Then try using context and analysis.

All you have done is used a DWP stat, and a SAGA stat, and compared them against working people with no context. (i.e. it's done on percentages, not actual income, therefore a rise on a small figure will look higher than a rise on a large figure of the same amount).

You haven't done any actual analysis.

If you had, you would see that the article you linked up to states:

Results from the FRS and FES should not be directly compared to one another.

If you are going to start the war on the pensioner, please remember that the pensioner gets £216 a week after housing costs. That's a mean average by the way.

£515 for the average worker.

Your data relies on putting all single household and dual householsd pensioners together. So the difference between those households and working househol income is going to be even greater, and percentages mean even less.

Then there are the massive differences in costs which the two groups come up against.

Feel free to come back with that context, analysis, and probably, some simpleton slurs.

Kennyboy66

Graham_Devon wrote: »

If you had, you would see that the article you linked up to states:

If you are going to start the war on the pensioner, please remember that the pensioner gets £216 a week after housing costs. That's a mean average by the way.

£515 for the average worker.

The £216 is net income after housing costs.

I'm presuming that the £515 is a median full time worker gross income before housing costs.

Pensioners really have never had it so good.

HAMISH_MCTAVISH

Kennyboy66 wrote: »

The £216 is net income after housing costs.

I'm presuming that the £515 is a median full time worker gross income before housing costs.

Pensioners really have never had it so good.

D'oh.....

Poor Graham appears to have contextualised himself into quite a hole with that one....:rotfl: