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Monday, 22 May 2017

Conservatives

Wow, they are all at it.

I would like to do a post on the lib dems (who?) but I suspect keeping their political ambition to about half the voting populace knowing the name of their leader (Farren perhaps? ) is sufficient for this time around.

Or perhaps talk about labour (who?), to be fair that is easier as their policies except under New Labour (aka conservative) have been the same for my whole life, overspend, break the economy, perpetuate old methods of working. They do add the new dimension of just what level of destruction to themselves they can cause by the old labour world clashing with the modern and a leader who is yet to show, we'll anything positive.

But no, stick with the conservatives who are proposing, for this 5 minutes anyway, that no one will have to sell their homes for care and we will be able to not spend it all. Not sure how that will get administered and not drained away by councils. The practical note here is that this seems disingenuous to me. At present one does  it have to sell ones home to cover care costs, they can be recouped from sale on death. What the Tories have not mentioned though is that any interest rate other than below inflation is compound and hence will escalate and given the current rate is massively over inflation it is clearly designed to take all remaining wealth at a punitive rate. Good luck not paying out that last 100k.