The triple lock used to be a sensible policy, as the state pension was very low, however after years of above inflation rises in the 2010s have remidied that issue.To be honest I don't actually have strong opinions, but rather strong questions. I understand people will have paid into the state pension their whole lives but I do think it's worth asking if we really need a triple-lock? If it matches wage growth or inflation then does it really need to increase 2.5% just because that's highest metric every April? It's not something any political party wants to touch because pensions are a massive voting bloc.
Indeed, I support reforming the NHS, but I worry that any reforms will be along the lines of "how about we outsource things, maybe to this company that donates to my party". Sweeping, top-down reform is unlikely to work, what is needed is continual investment in improvements to service and cost. It's boring, but its exactly how Toyota went from a comparative nobody, to the manufacturer of some of the most reliable cars in the world, 2% improvement every year.Same with the NHS; we're told it's broken and underfunded yet it's received increased spending year-on-year. If nothing else it's certainly reasonable to ask where the money goes and why it's still struggling, but many don't like the idea of potential NHS reforms because they fear it will give way to privatisation (to be fair not an unreasonable fair with a potential Reform government come 2029). It does get ripped off in a lot of areas as well to be fair.
I imagine that the ordinary people probably want them to operate in a way that will maximise their overall prosperity. Maximising investment returns by engaging in economically destructive asset stripping might make an annual return look good, but may not represent an overall optimal solution.Custodians of the money of which group of ordinary people? An insane proportion of working age people don’t have any savings, can barely afford a house and are crushed by rent. Are we just to shrug and say “well, it is the result of rational allocations of capital in the past, so we must do nothing about it”? It should be in productive investments, not parasitical activities.
It does feel to me like some more protections against asset stripping and offshoring could be worthwhile considering, as it feels like a lot of our current issues stem from them.