Tuesday, 29 November 2011

Chancellor’s pronouncements.


Anticipation had been mounting during the day to hear the Chancellor Mr Osborne's  comments on the economy and additional measures to stimulate it , without actually spending any more money. One of the most critical elements was the bringing forward of the change to retirement at 67 to 2026, which impacts the baby boomers of the 1960s.

The level of impending doom was outlined by the dire news for one young lady interviewed on Television - she had to look forward to another 45 years of Hairdressing!

Another impending change that would only serve to fuel the anger in the public sector strikes and demonstrations tomorrow – the fact that in addition to plans to change their pension plans, their pay rises after the current 2 year freeze would be limited to 1% per year.

No doubt another consequence would be to push public sector employees to leave the area for private employment – helping to achieve the 0.7 million posts that needed shedding to maintain the books.

Other activities today – learning to paint brachiating monkeys and leaping frogs in Chinese brush painting and met up with author Mrs Lowry on progressing her book. Helped Mrs Thomas install a new webcam on her PC – remotely as over 600 miles apart.

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