Labels:serveware | coffee cup | dishware | tableware | teacup | saucer | mug | tea | porcelain | ceramic | plate | kitchenware | table | cup | coffee | indoor OCR: IENT the Garden keen to encou Dumble Dex e.mail er than JUS from the government to itself. These can be honoured only -d tea 12 per by raising taxes or cutting Chapter, certa ne pension spending. As the chart shows, this policy shou Bla ing workers can the scale of adjustment to receive from the fed- required after 2013 dwarfs today's budgetary challenges. m government is likely to ution far short of what could be The solution is for the US government to admit that pragmatic arned if the same sums were co developing invested in private capital social security was a terrible h markets. mistake - and privatise it. s within the Europ nc In a recent paper for the Public sector pensions are tha .. A comparison with Cato Institute, a Washington nosedly based on an inter- Woul think-tank, Mr William Ship- "ional "social compact". assur. is that today's work- threat to cas that French Marigold man estimates that people born in 1970 would get up to pensions of today's commitm 1 receive their pen- somehow. six times the benefits they ar was used for almost 1! scheduled toreceive und n from tomorrow's The most eating. Royal Sovereign povstal ment for privath. transactions in the UK present rulesif they w allowed to inyet their so h compacts are is arguably ethical. versus less than 4bn fo security taxes _corpo audulent ~ get the p ... 7 other methods. So the c Le basis v. -W (Nc in which retail transacti equities. And thisake that ber are priced is in practice antee our heroic assumption tt 1 'nvest- vuarial unimp determined by the governments will ( & French Marigold! 11. equiva- value of their accrued pension benefits. If government reck- by sm denomination of cash. E-mone. dif our cocktails back promised sociaisecu. ns the benefits already prom- impac would threaten this benefits - for example by virtua. dominance, allowing people to ts taxing them more heavily cannot be honoured, it As our recer raising the retirement ag offer bonds worth some money stop using domestic currency (in the L completely (other than for comparison Yet they probably Social security is as y Bumble Bee ¿ of previously prom- cent). If a LibDem paying taxes). Mlearly. the as a chain letter. issue cash b importance of e-money. joined early did · large snag: facilitates the u. ich leaves you free to relax and g cash is greater than They received be e revenue country's currency fr fects on exchang excess of their rity taxes domestic transaction because a small ·, it might lation was sup rnment, lose virtually all its cies to steadily grow! nour its The government wo lis workers. 1g retir- issue some £23bn ex here rough a and then pay about borrow- SO and con- year in extra interes Moreover, cash circ sich would arden on to much more quickly the deposits (it has a high n. have already h from pul velocity-adjusted weig nu has by 20℃ two. Politicians talk co "trust fund" surplu the Garden is hollow rhetori other countries, t) "pay-as you-go" Royal Sovereign plicit 11 cause baby-boome with today orking, it is raising scheme al security taxes long to pay the pen- sayed S retirees. But ual Sour-
