0:00
the triple lock is obviously
0:01
unsustainable. At some point in the
0:02
future, it will consume 100% of
0:05
government expenditure. If you were
0:07
trying to win an election, you can see
0:08
why they've done it. But I I think the
0:10
UK's public finances are so
0:12
unsustainable at the moment. The state
0:14
pension is just one of those big items,
0:16
and the triple lock is something that
0:19
>> think it's fair. It's not only about
0:21
who's paying for it, because of course
0:22
you have the cycle where, you know,
0:24
people when they were young, they paid
0:26
for the people on pensions then. You
0:28
constantly give back, and then the next
0:30
generation will pay for you, and it's
0:31
cyclical. Right now, young people are
0:33
looking at system that actually might
0:35
not exist in the same way when it's
0:36
their turn to reap the rewards. Means in
0:38
the long term, the UK's public finances
0:41
remain unsustainable. We know that right
0:43
now we're kind of tightening fiscal
0:44
policy by raising taxes. We can't keep
0:47
doing that to pay for these sort of
0:48
expensive policies. At some point, it
0:50
will have to end. So, what do you think
0:53
about the triple lock pension?
