Let me start off by saying I am no spring
chicken - in fact I am well within sight of God’s allocated span for man of
three score years and ten and that means I am one of the greedy baby boomers
who has had it so good. Well that the new line the politician seem to be
peddling now we are at the age when our investment in ourselves is about to pay
off. And in a way I have sympathy with that line - way back in the 60’s
studying economics we discussed the problem of what would happen when us baby
boomers got to retirement age - we agreed the system needed to be changed so we
actually built up individual retirement pools - or at least created a fund to
do so. Of course successive governments did damn all about it and spent every
penny we invested in national insurance in paying that moments retirees. Result
a black hole which has been compounded by us all living longer and longer. And
that brings me neatly to the crux of the problem.
When Beveridge set up social security,
complete with pensions, male life expectancy was 69 - that meant the average
man retired at 65 and had four years drawing a pension before he conveniently
shuffled off. Now for men it is 78 and women 82 - on that basis the cost of the
average male pension has moved from 4 to 13 years: an increase of over 300%. No
wonder governments are saying the nearest thing they can to we can’t afford
this. Increasing the retirement age helps a little but with life expectancy
growing the danger is the gap will remain.
One of the first lessons in economics is
the effect of an ageing and declining population - in a nutshell less people to
do the work to support more people - and that is partly the argument for
allowing immigration. Of course it is then nullified by jobs disappearing but
that is another argument.
But the clear problem is increasing
longevity - if life expectancy was still 69 for men then the pension problem
would disappear overnight and on top of that pensions could be increased - well
maybe!
So I have to ask why oh why are the
government so obsessed with keeping us alive longer?
I have always facetiously suggested that
the government should give all retirees’ 40 cigarettes and a bottle of alcohol
a day and make certain they smoke and drink them.
However on a more serious note we now have
a growing elderly population in care. My father spent the last years of his
life in such a home and it was not a place I enjoyed visiting - it truely was
God’s waiting room. Sometime a go a Doctor friend suggested to me that problems
of dementia normally appear after 80 - it is an awful disease that sees
intelligent rational people reduced to a pathetic drooling hulk with no memory
and absolutely no purpose in life. If we kept animals alive in those
circumstances we would be prosecuted. But I am not even advocating euthanasia
although I must admit the last time I saw my father I would happily have shot
him and knew he would have thanked me - if he could understand. But that is a
totally different issue although needless to say they often come together. In
the good old days many a family doctor helped a terminally ill patient on their
way - but these days they don’t dare.
And in some ways that is part of what I am
saying. We have government that tries to stop us smoking, does not want us to
be fat, drink or do anything that may endanger our health and when you look at
the issues of longevity you wonder why are they doing it?
A reduction in life expectancy would be a significant
economic boost and the stupid thing is it would also save money by stopping all
the PR and advertising associated with such campaigns. And I know the argument
that dying of smoking related diseases often means expensive medical bills but
we all die anyway and that invariable means expensive medical bills. Getting
back to my Father, one Saturday the home called a doctor to see him and the
Doctor just said send him to hospital. He was about a week stuck in ward with
nothing much wrong with him - other than he had dementia and was well over 80 -
whilst the medical professionals tried to work out if he was actually ill. My
sister and were demanding he be returned to the home where he was provided with
better care than in the hospital. But the point is he should never have been
sent to hospital and after that we made it clear: never again. But it is all part
of the culture of keeping people alive come what may!
I accept this is a difficult issue but
surely the endless efforts to keeps us alive longer fly in the face of economic
reality not to mention the issue of population size, cost of old age and housing.
With medical research ongoing there is real possibility of extending life
expectancy further - retirement at 75 maybe - think of what that means!
But like so many ‘inconvenient’ issues
longevity is not even considered a problem. But surely it is: and one we should
not only face up to but consider what we can do about it. I know nobody of my
age group of mid sixties who wants to live forever and certainly not in a
retirement home waiting for our number to come up.