Raising the ‘not-allowed-to-work’ age

Keeping a good team working well whilst the people in the team get older.

We have plenty of examples of people who lose their capacity for accurate, realistic and logical thinking as they age. In Britain one only needs to look at Gordon Brown whose critical faculties failed him in his latter years as Chancellor of the Exchequer or Sir Fred Goodwin (‘Fred the Shred’) who suddenly had delusions of complete infallibility.

All employers, as does society as a whole, need to develop a modus operandi which recognises that people’s performance peaks and the balance between knowledge, experience, speed of thinking and movement, and the ability to implement changes or even to do routine tasks, alters over a length of time.

Currently the style is “If you’re past a predetermined age, you’re thrown out” (unless you are an owner or you’re in overall charge, when for some reason the rules are just ignored) with disastrous damage to the individual and huge costs on society. The only criterion being a set age is obviously not appropriate as we are all different. Somehow we need to develop a continuous ‘review, retrain and recognise’ culture that runs through the whole of our working lives.

It needs to be based on a proven routine for measuring each person’s

capabilities and comparing this performance with earlier performance to identify new learning and earning opportunities. The success of the health profession could then be measured on their success in extending society’s effectiveness rather than just extending their lives. This route would also mean that education comes under the auspices of the health profession

Whilst we know it will be imperfect to begin with, we can use tools that are available to us now. One of the tests we may use is IQ tests even though we know that IQ tests are inaccurate as they only measure what they can measure. We do know however that brain exercises will cause the IQ scores to increase or certainly to stop the continual deterioration that otherwise occurs.

This as part of a whole range of measurements including eyesight, hearing, mobility, dexterity, will be good for everybody in society. Possibly this will be the underlying bedrock for continuing adult learning.

At present we know some people want to carry on working for a further period, and some for as long as possible. We do know that their physical and mental capabilities will alter and therefore we need to be able to help them adjust to the new roles that we can create for them.

The role of the present employer is crucial as he will be the focal point in finding a useful role for his employee, even though it may be with another organisation, although it may be just a case of providing his employee with more appropriate equipment to use to fulfil their role or of agreeing amended hours of work. If an employee fails to attend the training courses or join in the continuing adult learning then the scope for extending their effectiveness will be severely diminished and curtailed.

This also means that the employee’s hobbies, interests and leisure time activities may become the basis for their next career or job structure.

Actually this is a wonderful opportunity for society as it will create a huge increase in the working population whilst simultaneously reducing the financial cost of providing pensions for those not well enough to work.

Extra debt £25,000 per head, that’s per man. woman and child in the UK.

Extra debt £25,000 per head, that’s per man. woman and child in the UK.
The Office of National statistics has announced that the National Debt has increased by £1.5 trillion pounds caused by the losses made by RBS, HBOS and Northern Rock. The national debt was previously £865 billion and that was bad enough.
£1.5 trillion pounds divided by the total population of 60 million means £25,000 per man, woman and child.

Compare that with our average salary of £26,000. So we worked all last year and the bankers took ALL our money for that year. But worse than that our total salary costs come to less than £600 billion, so the loss for tax payers was actually two and half years earnings. The total GDP for the UK was itself £1.5 trillion pounds – all totally wiped out.

Currently the total domestic debt is estimated at £1.6 – £2.0 trillion, (that’s the personal debt each person carries, on average.)
So that’s £1.6 trillion of our own debts, £.865 trillion existing national debt with a further £1.5 trillion for the banks, shall we call it £4 trillion to keep it in round numbers. and our government is currently spending more, far beyond its income, a further £560 billion this year alone.

So what, you ask?
Well, in 1968 when I started working, let’s say the pound was worth a pound, then the same pound today  is worth only 7p.
That’s how much the mistakes and incompetence of the governments (and the media and the unions and the civil service plus the demands for free services from us all) of the last forty years have cost us, even though the North Sea oilfields brought in a bonus of, say, £3 trillion (in today’s pounds.)
No wonder the rest of the world finds us cheap and we find the rest of the world expensive, just think what each of your pounds could do if it was  worth £14.25

Does it matter?
YES, because everything we want to buy from abroad is now more expensive, up twenty per cent just in the last year and forecast to soar away for future years.

So what do we do about it?
May I suggest:-
1. If the bankers want to gamble with our money, then they need to share their winnings with us, we’ve had to take the losses so we want some of the future winnings, I think an interest rate of 8% per month (paid monthly and compounded) so we get our investment back in under a year. For these there would be no depositor guarantee. For those banks who set up a separate bank under different ownership for the purpose of direct mortgage lending and corporate lending, our normal domestic banks, then a more normal interest rate of 2-3% may be appropriate. Depositors will get a guarantee of £50,000 but only one guarantee per person.
2. Again the public sector needs to become even more effective because we just can’t afford them. The median, that’s the most common, salary cost in the NHS, is just over £50,000 per year.
3. We need to stop buying things abroad, therefore the coverage of public transport needs to be dramatically  improved so that we can reduce the bills for oil, gas, petrol and diesel.
4. We need to take inflation out of all contracts, so that we all suffer the same, and
5. We need more land so that we can produce more of our own food.

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