Young Folk, You Will Not Have a Pension (or Even a Job) By Peter Ewer

     I have long believed that the social welfare system would eventually be eliminated, dying the death of a thousand cuts. This has slowly happened with the dole and other benefits. Now the mangy cat is out of the bag on the end of pensions:
  https://www.couriermail.com.au/news/queensland/federal-treasurer-warns-welfare-not-guaranteed-for-future-generations/news-story/c667fa3140cd3cfa8c4f47a2ac981cc0

“There is no guarantee the pension will be available for future generations, federal Treasurer Scott Morrison warned yesterday. Mr Morrison said Australia could not take for granted its generous safety net or assume it would always be there. At a post-Budget breakfast in Brisbane, he said Australia needed to keep growing the economy and had to be globally competitive. “We owe to future generations (to pay for) health, schools, pensions, the Pharmaceutical Benefits Scheme,” he said. ‘‘There are no guarantees about that.” Mr Morrison said the Federal Government was committed to ensuring pensions and essential services would be there in the future, through good financial management. Pushing the need for corporate tax cuts for the big end of town, he warned that the US, UK and France could soon all be more competitive than Australia.”

     That’s the Libs all over; get rid of the pension, but make sure the big end of town gets tax cuts (that could have funded pensions). Anyway, with any luck a super global financial crisis will bring the big end of town crashing down, which will be a joyous catastrophe:
  https://www.youtube.com/watch?v=ZEJyQlXt0zw

     I, for one, will be happy to live on grass, so long as the big end of town sinks.