Interesting hearing the outrage around the Australian Treasurers - TopicsExpress

Interesting hearing the outrage around the Australian Treasurers idea that the pension age could rise to 70. The sad truth is that it is going to rise much further as there is no way todays kids can pay enough tax to fund the pensions and entitlements of Boomers and Gen X – theres simply too many of us. For Joe Hockey and his colleagues on all sides of politics theyre facing a huge test in being able to articulate the problem and come up with solutions that are perceived as far. Personally I think many of Joes colleagues, and quite possibly Joe himself, are going to be found wanting. But it still doesnt make the problem go away.

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