Can the UK Afford The State Pension and Winter Fuel Allowance?

A look at whether UK can afford to pay the winter fuel allowance. With £5 trillion of pension liabilities, how can the government keep up with rising spending in the future?

0:00 Intro
0:50 Problem Means Testing
3:05 Long-term Crisis?
4.26 Health Care Costs
7:59 Housing Crisis
9:05 Pensioners vs Working Age
10:00 UK v Rest of World


► Please SUBSCRIBE!

► UK Economy - https://www.youtube.com/c/economicshe...

Sources:
https://www.bbc.co.uk/news/articles/c...
https://www.bbc.co.uk/news/articles/c...
https://obr.uk/frs/fiscal-risks-and-s...
https://ifs.org.uk/articles/raising-s...
https://publications.parliament.uk/pa...
https://theconversation.com/some-pens...

ABOUT
-----------

► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including:

► Economic Short Cuts https://amzn.to/3IgxupC
► 50 Essential Economic Ideas https://amzn.to/3IgxndG
► Cracking Economics. https://www.economicshelp.org/shop/cr...
► What Would Keynes Do? Amazon https://amzn.to/2xShqq4
► Economics Without the Boring Bits https://amzn.to/48T1hA9