Good Long Term Thinking

As opposed to the sports of long term planning that will restore the quality of the environment to 2017 standards by 2086, this is interesting to see out of the UK if only as it is indicative of how properly done there is no need to fear the boogieman of a social security gap in the future:

Governments are often accused of thinking short term. But a pensions reform Bill, included in the Queen’s Speech, is one of the most consciously long term bits of planning seen for some time. Looking ahead to 2050, its main aim is to provide a higher level of state pension for many more people over the coming decades. The big idea is that the link between the basic state pension and earnings will be restored some time after 2012 and the state pension age will be raised to 68 by 2046.

It has been a long time since there has been much of a boo said about Canada’s retirement funding stability which leads me to the idea that the funding is actually stable as was promised in the early 90s when the bad old ways were turned around by those wizards the Liberal Party of Canada, who will still never get my vote as far as I can see so don’t even bother.