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Date: 2010-10-16 04:49 pm (UTC)I don't think that limiting the pension to x-amount yearly is necessarily better than limiting it to x-amount overall, or some combination or the two. It all comes down to a balancing act, and what they can get a variety of different politicans to agree to.
I do think that there are loopholes that will be taken advantage of in any legal framework, and that there will be a constant battle between people taking advantages of loopholes and other people closing them. And that I'd rather have a simpler system that leaves a few people outside of it than an incredibly complex one that (theoretically) covers everyone.
But I don't get to run the country.
And yes, democracy is definitely the least-worst of all governing systems. Churchill was right.