BRIAN Hunt's hit the nail on the head with his letter headlined "pensions crisis worse as jobs lost" (You Say, Friday, October 22).

We live in a Monty Python economy. Jobs are either exported abroad or filled by immigrant labour, to keep wage costs at rock bottom. The majority of people are now employed in work that won't pay today's mortgages.

We now witness the lunacy of mortgage lenders offering mortgages at "nine times" annual income. And on pensions, despite our Labour government's crocodile tears about them, Labour is presently sucking £5bn a year out of our pension funds.

Ten thousand pension schemes have shut under Labour. And while Labour is wrecking our pension funds, aren't Labour politicians, and their now huge army of hangers on, riding on the gravy train of state pensions, which we taxpayers pay for?

We have now reached the point whereby it is now impossible for many of those born here to provide for their families. Some 40 per cent of households are now living, to one extent or another, on the "National Handbag," at a cost of £134bn in government spending.

This leaves those families with no other option, but to vote Labour back into office, regardless of Labour's competency to govern.

Doesn't it look as if our Labour government is using taxpayers' money to pay incomes to 40 per cent of the nation's households, in the confident expectation that those households will have no choice but to vote for Labour at the next election?

N TAYLOR, Worcester.