Monday, 12 May 2008

Quote of the day

“ The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”

Winston Churchill

Social Care for elderly in UK set to take a turn for the worst

Gordon brown apparently wants to make social care for the elderly in the UK ‘fairer’. If only that were indeed the case – actually really fairer.

The sad fact is that, based on easily duplicated empirical observation of New-Labour’s efforts to make things ‘fairer’ in other spheres of life, is that ‘fairer’ is New-Labour-speak for, crap and getting worse, but an enforced equally crap for all treatment. Preferably at the same time suppressing any proof that things could be better. It is unlikely to be any different in this case.

The fact is that because there is never any actual money invested behind these schemes, because they are instead funded directly out of taxes there is looking to be a rather large gap between what is available to fund care in the next 20 years and the numbers requiring it. Oh and Gordon helped make sure the country is brassic by selling off half our Gold reserves when the price was at a historic low. You have got to hand it to the man with the financial acumen…

You can easily understand why this has caught new-Labour and Gordon’s vaunted financial acumen flat footed, after all it was only predictable since they came to office. It’s not like the baby boomer generation is a state secret, or the fact that people get older as time goes by, any more than the names and addresses of every recipient of child benefit is – now…