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| Topic: The Nanny State Apocalypse | |
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The list of failed progressive nanny states is about to get larger..
This is why the leftist/progressive agenda must be stopped.. 'Ageing’ Europe has least sustainable finances – France, Germany, Italy, Sweden and UK most exposed to fiscal risk. According to a new ranking of 163 countries, Europe’s big economies, including France, Germany, Italy, Sweden and the United Kingdom, are the most exposed to fiscal risk due to their ageing populations, substantial levels of debt and high public spending on health and pensions. The Fiscal Risk Index, developed by risk analysis and mapping firm, Maplecroft, identifies countries that will come under increasing economic pressure in future years due to low birth rates, high life expectancy and state commitments to look after ageing populations. The index is calculated using eight indicators: child and old-age dependency ratios between 2010 and 2050; labour rates of the over-65s; GDP; debt; and public spending on pensions, health and education. Europe is home to 11 out of the twelve countries rated ‘extreme risk.’ These include: Italy (1), Belgium (2), France (3), Sweden (4), Germany (5), Hungary (6), Denmark (7), Austria (8), United Kingdom (10), Finland (11) and Greece (12). Japan (9) is the only other country in the highest risk category. The ‘extreme risk’ countries are characterised by increasingly ageing populations and high public spending on social security. Maplecroft states that high life expectancy will place more pressure on public expenditure because pensions will need to be paid to more people for longer and an older populace will place larger burdens on health systems. At the same time, the working-age population in these countries is shrinking; meaning contributions to public pensions will likely decrease. n the UK, there are currently 25 old people for every 100 of working age (25%). This is forecast to rise to 38% by 2050. Whilst high, the UK projection pales against other ‘extreme risk’ countries, including: France 47%, Germany 59%, Italy 62% and Japan at the very top with 74%. In a report from June 2009, the IMF suggested that the fiscal implications of ageing populations could dwarf the impact of the recent financial crisis in terms of national accounts. It estimates that the net present value of the financial crisis is about 11% of what ageing related spending will cost. "Fiscal sustainability is commonly seen as being the government’s responsibility to prudently manage public income and expenditure, ensuring it can honour future payments,” said Maplecroft Analyst, Siobhan Tuohy. “However, in high risk countries, it is increasingly likely that the private sector will be called upon to contribute in the form of pensions and private healthcare. This could prove vital in preserving productivity in an ageing workforce and reducing government liabilities in the future.” Without significant adjustments, such as raising taxes or reducing spending, countries risk going bankrupt. One such adjustment has already been seen in the UK and Germany where recent government initiatives have increased the state pension age to encourage people to work for longer as a way to alleviate pressure on public finances. http://maplecroft.com/about/news/fiscal_risk_2011.html |
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its interesting research though, those countries with the most SURPLUS/FISCAL SOLVENCY, would probably be considered some of the most 'RESTRICTIVE' when it comes to citizens rights
we just cant go on having it both ways, we wont have the 'FREEDOMS' by restricting government, we want freedom for everything we want, but no restrictions to safeguard our communities and our nation against the effects of 'personal' gluttony,,,,,someone has to manage it and it wont be the out of control 'free' american citizens who barely manage their own accounts well,,, |
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its interesting research though, those countries with the most SURPLUS/FISCAL SOLVENCY, would probably be considered some of the most 'RESTRICTIVE' when it comes to citizens rights we just cant go on having it both ways, we wont have the 'FREEDOMS' by restricting government, we want freedom for everything we want, but no restrictions to safeguard our communities and our nation against the effects of 'personal' gluttony,,,,,someone has to manage it and it wont be the out of control 'free' american citizens who barely manage their own accounts well,,, There has to be some give and take. A system that protects people with limited resources while not driving governments into bankruptcy. The social security system that was setup 80 years ago has to be changed. There is no debating that anymore. The metrics of the system that existed then, no longer exist today. The system has to evolve with the changing demographics and has to be modernized in a way that allows the system to provide a safety net, but doing so in a fiscally responsible manner. The days of pretending everything is ok are over. |
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Things cost more and people need to pay more......
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Things cost more and people need to pay more...... you are back from the jungle |
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Edited by
Bestinshow
on
Thu 02/24/11 05:52 PM
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The list of failed progressive nanny states is about to get larger.. This is why the leftist/progressive agenda must be stopped.. 'Ageing’ Europe has least sustainable finances – France, Germany, Italy, Sweden and UK most exposed to fiscal risk. According to a new ranking of 163 countries, Europe’s big economies, including France, Germany, Italy, Sweden and the United Kingdom, are the most exposed to fiscal risk due to their ageing populations, substantial levels of debt and high public spending on health and pensions. The Fiscal Risk Index, developed by risk analysis and mapping firm, Maplecroft, identifies countries that will come under increasing economic pressure in future years due to low birth rates, high life expectancy and state commitments to look after ageing populations. The index is calculated using eight indicators: child and old-age dependency ratios between 2010 and 2050; labour rates of the over-65s; GDP; debt; and public spending on pensions, health and education. Europe is home to 11 out of the twelve countries rated ‘extreme risk.’ These include: Italy (1), Belgium (2), France (3), Sweden (4), Germany (5), Hungary (6), Denmark (7), Austria (8), United Kingdom (10), Finland (11) and Greece (12). Japan (9) is the only other country in the highest risk category. The ‘extreme risk’ countries are characterised by increasingly ageing populations and high public spending on social security. Maplecroft states that high life expectancy will place more pressure on public expenditure because pensions will need to be paid to more people for longer and an older populace will place larger burdens on health systems. At the same time, the working-age population in these countries is shrinking; meaning contributions to public pensions will likely decrease. n the UK, there are currently 25 old people for every 100 of working age (25%). This is forecast to rise to 38% by 2050. Whilst high, the UK projection pales against other ‘extreme risk’ countries, including: France 47%, Germany 59%, Italy 62% and Japan at the very top with 74%. In a report from June 2009, the IMF suggested that the fiscal implications of ageing populations could dwarf the impact of the recent financial crisis in terms of national accounts. It estimates that the net present value of the financial crisis is about 11% of what ageing related spending will cost. "Fiscal sustainability is commonly seen as being the government’s responsibility to prudently manage public income and expenditure, ensuring it can honour future payments,” said Maplecroft Analyst, Siobhan Tuohy. “However, in high risk countries, it is increasingly likely that the private sector will be called upon to contribute in the form of pensions and private healthcare. This could prove vital in preserving productivity in an ageing workforce and reducing government liabilities in the future.” Without significant adjustments, such as raising taxes or reducing spending, countries risk going bankrupt. One such adjustment has already been seen in the UK and Germany where recent government initiatives have increased the state pension age to encourage people to work for longer as a way to alleviate pressure on public finances. http://maplecroft.com/about/news/fiscal_risk_2011.html |
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I disagree. He is not arguing that only nanny states are in trouble but that they are in more trouble than other places. It's not hard to understand how having more spending leads to more debt and more risks.
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The list of failed progressive nanny states is about to get larger.. This is why the leftist/progressive agenda must be stopped.. 'Ageing’ Europe has least sustainable finances – France, Germany, Italy, Sweden and UK most exposed to fiscal risk. According to a new ranking of 163 countries, Europe’s big economies, including France, Germany, Italy, Sweden and the United Kingdom, are the most exposed to fiscal risk due to their ageing populations, substantial levels of debt and high public spending on health and pensions. The Fiscal Risk Index, developed by risk analysis and mapping firm, Maplecroft, identifies countries that will come under increasing economic pressure in future years due to low birth rates, high life expectancy and state commitments to look after ageing populations. The index is calculated using eight indicators: child and old-age dependency ratios between 2010 and 2050; labour rates of the over-65s; GDP; debt; and public spending on pensions, health and education. Europe is home to 11 out of the twelve countries rated ‘extreme risk.’ These include: Italy (1), Belgium (2), France (3), Sweden (4), Germany (5), Hungary (6), Denmark (7), Austria (8), United Kingdom (10), Finland (11) and Greece (12). Japan (9) is the only other country in the highest risk category. The ‘extreme risk’ countries are characterised by increasingly ageing populations and high public spending on social security. Maplecroft states that high life expectancy will place more pressure on public expenditure because pensions will need to be paid to more people for longer and an older populace will place larger burdens on health systems. At the same time, the working-age population in these countries is shrinking; meaning contributions to public pensions will likely decrease. n the UK, there are currently 25 old people for every 100 of working age (25%). This is forecast to rise to 38% by 2050. Whilst high, the UK projection pales against other ‘extreme risk’ countries, including: France 47%, Germany 59%, Italy 62% and Japan at the very top with 74%. In a report from June 2009, the IMF suggested that the fiscal implications of ageing populations could dwarf the impact of the recent financial crisis in terms of national accounts. It estimates that the net present value of the financial crisis is about 11% of what ageing related spending will cost. "Fiscal sustainability is commonly seen as being the government’s responsibility to prudently manage public income and expenditure, ensuring it can honour future payments,” said Maplecroft Analyst, Siobhan Tuohy. “However, in high risk countries, it is increasingly likely that the private sector will be called upon to contribute in the form of pensions and private healthcare. This could prove vital in preserving productivity in an ageing workforce and reducing government liabilities in the future.” Without significant adjustments, such as raising taxes or reducing spending, countries risk going bankrupt. One such adjustment has already been seen in the UK and Germany where recent government initiatives have increased the state pension age to encourage people to work for longer as a way to alleviate pressure on public finances. http://maplecroft.com/about/news/fiscal_risk_2011.html The system you "propagate" is a failure. The nanny state and its unfunded liabilities are the reason the world is struggling out of this recession. Massive debt hinders growth. The numbers in this risk assessment don't lie. No matter what you say. |
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Revolutions are sweeping away dictators this is true. However the premise of the so called 'nanny state' toppling government is also true.
They are seperate yet congruent events that are occuring within a closed cycle spherical system. With out the constrained markets of the middle east our markets will be unable to sustain a continued 'spending' of money that does not actually exist in the real world. Without the 'spending' of that non existant 'con-struct' nations that have 'promised' services that are no longer affordable will collapse 'financially'. This is the problem with 'paper' money. The twin towers was the end result of 'digital' money. (if you 'bottleneck' anything it is quite easy to bring down the system). |
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I disagree. He is not arguing that only nanny states are in trouble but that they are in more trouble than other places. It's not hard to understand how having more spending leads to more debt and more risks. |
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I disagree. He is not arguing that only nanny states are in trouble but that they are in more trouble than other places. It's not hard to understand how having more spending leads to more debt and more risks. What are you smoking? This article wasn't about the US it was about Europe and Japan. |
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psyops...
take only what is needed to twist everything into propaganda for personal agenda... Feed it to everyone else to 'redirect' them to your way of thinking. (presupposes that people are stupid enough to fall for it). He either did not read the actuall article or wanted to 'use' it to pomote personal agenda. |
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I disagree. He is not arguing that only nanny states are in trouble but that they are in more trouble than other places. It's not hard to understand how having more spending leads to more debt and more risks. "The ‘extreme risk’ countries are characterised by increasingly ageing populations and high public spending on social security. Maplecroft states that high life expectancy will place more pressure on public expenditure because pensions will need to be paid to more people for longer and an older populace will place larger burdens on health systems. At the same time, the working-age population in these countries is shrinking; meaning contributions to public pensions will likely decrease." Where do you see anything about wars or bailouts? This is about PENSIONS AND OTHER ENTITLEMENTS.. The NANNY STATE.. Its collapsing.. and you want to talk about wars and bailouts.. You need to get a grip on reality, dude.. Seriously.. |
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Things cost more and people need to pay more...... you are back from the jungle Nope using the wifi at the library here and there......still in Vero and eighty degree weather all week...went swimming in the ocean actually the other day |
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I disagree. He is not arguing that only nanny states are in trouble but that they are in more trouble than other places. It's not hard to understand how having more spending leads to more debt and more risks. "The ‘extreme risk’ countries are characterised by increasingly ageing populations and high public spending on social security. Maplecroft states that high life expectancy will place more pressure on public expenditure because pensions will need to be paid to more people for longer and an older populace will place larger burdens on health systems. At the same time, the working-age population in these countries is shrinking; meaning contributions to public pensions will likely decrease." Where do you see anything about wars or bailouts? This is about PENSIONS AND OTHER ENTITLEMENTS.. The NANNY STATE.. Its collapsing.. and you want to talk about wars and bailouts.. You need to get a grip on reality, dude.. Seriously.. I dont know if that tells the whole story. Looking up gdp growth for countries around the world(and recession info), it took about five minutes to find my first example of a country with DECLINING aged population but a negative gdp growth all the same,,,,Romania. Im sure there are plenty of others. Somehow I dont think its as simple as countries who take care of their seniors (financially) automatically being less fiscally solvent, in fact, I think Romania happens to be one of those countries which TAXES much more whereas here, we demand low taxes with all the FREEDOMS and NO regulations and FEW laws,,,,it has to crumble sometime |
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Obama Is Going To Pay For My Gas And Mortgage!!!
http://www.youtube.com/watch?v=P36x8rTb3jI&feature=player_embedded |
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Mrs Harmoney we also have much lower dept as percentage of the GDP.
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