Only the state can provide the care we need in old age
It’s an inconvenient truth for George Osborne but the numbers don’t lie: privately we can’t afford to look after ourselves
This is simply nonsense.
The State has no magic money tree: whatever is spent on providing care in old age has to come from us, the population. We can afford it simply because there is no alternative to use being the people who afford it: we’re the only people possible to pay for it.
Where the State does come in is that they are the only people capable of providing us with the insurance. That risk spreading across the population of some of us being healthy up to the three minutes in which we croak and others dribbling into their Alzheimer’s for 15 years.
The State can indeed be the enabler, the insurer, but there’s precisely fuck all reason why the State needs to be the provider.