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TOPIC: British ruling elite celebrates falling life expectancy as boon for pension fund de

British ruling elite celebrates falling life expectancy as boon for pension fund de 14 May 2017 10:35 #2515

  • Paul-UB40
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By Jean Shaoul 13 May 2017

A recent article in the Financial Times, noting that life expectancy had begun to fall, particularly among the elderly, was remarkable for its utter indifference to the possible causes and the adverse implications of what is an unprecedented phenomenon in peacetime, in the absence of epidemics or particularly harsh winters.
It is quite extraordinary. For decades after World War II, it was taken as an article of faith that better health care and improved living conditions would mean a continuing fall in mortality. Now people are dying younger and all the newspaper of the financial elite can do is note the likely benefits to the corporations: a reduction in the pensions deficit!
At the same time, it totally ignores the fact that pension funds represent the deferred wages of millions of workers who have paid into the funds. Neither does it mention that the deficit, estimated at a massive £2 trillion in total—more than the UK’s GDP—itself is entirely the product of the financial elite’s own avarice, and threatens future and existing retirees with penury.

Full Report Here;
www.wsws.org/en/articles/2017/05/13/life-m13.html
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British ruling elite celebrates falling life expectancy as boon for pension fund de 14 May 2017 19:44 #2524

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The article paints a true enough picture. The comments section is worth a read also.
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British ruling elite celebrates falling life expectancy as boon for pension fund de 17 May 2017 18:14 #2573

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Yes indeed; You would think that in a Highly Industrialized & Affluent Nation like ours Life Expectancy would be going up !;
OH I forgot to factor Rich & Corporate Greed, May & the Tories; Perhaps I would Live LONGER in the "So Called" 3rd World ? :(
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British ruling elite celebrates falling life expectancy as boon for pension fund de 24 May 2017 02:24 #2719

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Paul-UB40 wrote:
Yes indeed; You would think that in a Highly Industrialized & Affluent Nation like ours Life Expectancy would be going up !;
OH I forgot to factor Rich & Corporate Greed, May & the Tories; Perhaps I would Live LONGER in the "So Called" 3rd World ? :(

Life expectancy actually goes up for the rich. For instance between poor and wealthy districts of London (A Capital!) there several years of life-expectancy gap.
Generally speaking the trend is toward elimination of the now useless post-working-class.
To eliminate unemployment one needs only to eliminate the unemployed
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