Why is the state pension never included when we talk about cutting benefits?
Whenever benefits come up, people complain about "scroungers" and people who could work but don't. But why is the State Pension almost completely exempt from the same conversation?
We spend around £150bn a year on it, despite 69% of pensioners receiving private pension income, 62% receiving investment income, and 19% of pensioners are already in the richest 20% of the entire population. Only around 5% rely on the State Pension alone.
I'm obviously not suggesting taking it away from pensioners who depend on it. But why not means-test wealthy pensioners who clearly don't? Even if you cut off the 19% who are already in the richest fifth of the country, you're talking roughly £30bn a year in savings.
Why are we so obsessed with means-testing working-age benefits while by far the biggest benefit in the country is treated as politically untouchable?
Some rich pensioners complain about young people "scrounging", while taking a benefit they absolutely can do without, that's paid for by young people.