This quote says it all.
"Christmas is a time when kids tell Santa what they want and adults pay for it.
Deficits are when adults tell the government what they want and their kids pay for it."
-- Richard Lamm, former Governor of Colorado.
This is what I simply do not understand in this entire debate over deficits, just how pig ignorant are you? to demand your children pay for your expenses? Are you indeed that stupid? what kind of a parent are you? I will tell you, you are the kind of a parent who is unable to take responsibility of yourself. You are the worst kind of citizens, who are happy to load the expenses on your children while enjoying yourself. And guess what? do you seriously think they will be happy to pay for those expenses when you are in an old age home? Here’s an example of the mindboggling moronity of this debate.
Middle-class couples who need residential care in old age could be hit with bills as high as £150,000.
Under Coalition plans to be unveiled in the New Year, the upper limit on the amount that must be contributed towards care could be £60,000 or even £75,000 per person.
This ‘cap’ is much higher than the £35,000 suggested by last year’s independent review into England’s care funding system.
If both husband and wife end up moving into residential care, it could mean they will have to pay out up to £150,000 before the state steps in.
In addition, they will still have to meet accommodation costs – the ‘bed and board’ charge for care home stays. This could push the total outlay to almost £200,000.
Critics say setting the cap so high will do little to stop thousands of pensioners having to sell their homes each year, denying their children an inheritance.
And they are likely to accuse David Cameron of letting the elderly down, as Downing Street has previously attracted positive coverage by backing the review’s proposal of a £35,000 cap.
At present, care home residents can be landed with unlimited charges if they have assets, including their house, of more than £23,500. Those who have no savings get care completely free.
Ministers have pledged to increase this threshold to £100,000, meaning people will no longer see their savings depleted to below this level.
But the benefit could be wiped out by the imposition of a cap that is more than double the amount that was originally expected.
And why is there this expectation that the state will take care of you? this is extraordinary. So for you to leave an inheritance, rest of us have to pay for your bills? erm, why?