NATIONALISATION OF THE FAMILY

On the very same day that Labour recently pledged to create a million new homeowners, which was not meant to be an April Fool joke, the true nature of socialism was reported on the very same day.

1. Average take home pay had fallen due to the scale of recent tax increases.
2. Private sector pensions had lost 75% of their value since Labour came to power. The research by the Watson Wyatt actuaries revealed that those who retired before Labour’s first budget received roughly 4 times as much as those who saved the same amount but retire today. One of the main reasons for this was the £5billion per year stealth tax on private pensions introduced by Labour.
3. The cost of a place in a care home for the elderly has risen by a third in the last 5 years. Help the Aged revealed that some homes had increased charges by up to 28% in the last 12 months alone.
4. One million pensioners are likely to be forced to sell their homes in order to make ends meet. One of the reasons that many are forced to sell their homes is to pay for residential care - in England. Scotland, of course, in another example of “I’m All Right, Jock”, has free residential care for the elderly.

So what Labour gives with one hand, they take away - and more - with the other.