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Do baby boomers feel guilty about shafting younger generations?

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  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Malcolm. wrote: »
    In the main I agree.

    I have seen some people who couldn't care less for their own offspring, let alone the next generation.

    I'm sure that's true but it's also true the other way round.
  • wageslave
    wageslave Posts: 2,638 Forumite
    ukcarper wrote: »
    I'm sure that's true but it's also true the other way round.

    You have met a child that didn't give a sh it for their parents?

    He/she was a druggy or a total fu ck up. And even then, they love.

    I have never come across anyone who didn't love their parents. I have come across children who, by every criteria, should hate everything about the people who have raised them.

    And still they love.
    Retail is the only therapy that works
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 20 February 2010 at 12:12AM
    The most frightening thing for me about this government's policies at the moment (and the Conservatives to an extent too) is the total lack of concern for the consequences for the young in the coming decades.

    The enormous deficit, the debt (plus the 'off-balance sheet liabilities'), the £2 trillion public pensions hole, the proposals for expanding personal social care...

    I think Labour's 'death tax' is a must. No government can possibly expect the shrinking working population to pay more than it's currently paying for social protection –

    £200 billion a year on pensions and benefits, the substantial proportion of the £110 billion NHS budget spent on the elderly, the large proportion of council tax spent on social care.

    It far outweighs what we spend on the 'young', i.e. the education budget, which is suffering from initial cuts of £2 billion.
  • wageslave
    wageslave Posts: 2,638 Forumite
    vivatifosi wrote: »
    Thanks for the thought Malcolm, this is something we're looking into as an alternative. Wageslave, didn't watch the programme, so can't comment! Am having a nightmare with my keyboard tonight, so may have to go offline, sorry if I have to drop out of this its an interesting debate.

    You can probably get it on catch up TV.

    It, ach I can't speak for your life only for mine. I am sure everyone else on here watched it and thought, how quaint.

    I cried myself to sleep.
    Retail is the only therapy that works
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Kohoutek wrote: »
    The most frightening thing for me about this government's policies at the moment (and the Conservatives to an extent too) is the total lack of concern for the consequences for the young in the coming decades.

    The enormous deficit, the debt (plus the 'off-balance sheet liabilities'), the £2 trillion public pensions hole, the proposals for expanding personal social care...

    I think Labour's 'death tax' is a must. No government can possibly expect the shrinking working population to pay more than it's currently paying for social protection –

    £200 billion a year on pensions and benefits, the substantial proportion of the £110 billion NHS budget spent on the elderly, the large proportion of council tax spent on social care.

    It far outweighs what we spend on the 'young', i.e. the education budget, which is suffering from initial cuts of £2 billion.

    I wouldn't object to a 10% death tax but it would need to paid when the last spouse dies
  • Kohoutek wrote: »
    The most frightening thing for me about this government's policies at the moment (and the Conservatives to an extent too) is the total lack of concern for the consequences for the young in the coming decades.

    The enormous deficit, the debt (plus the 'off-balance sheet liabilities'), the £2 trillion public pensions hole, the proposals for expanding personal social care...

    I think Labour's 'death tax' is a must. No government can possibly expect the shrinking working population to pay more than it's currently paying for social protection –

    £200 billion a year on pensions and benefits, the substantial proportion of the £110 billion NHS budget spent on the elderly, the large proportion of council tax spent on social care.

    It far outweighs what we spend on the 'young', i.e. the education budget, which is suffering from initial cuts of £2 billion.

    I am waiting for somebody to start up a country where there are no promises of huge 'old' (65 isn't that old in my opinion) age provision to a vast number of people. That country will be able to offer such an amazing competitive tax regime for the young they will be silly to stay in the UK.

    I agree with you completely though, serious reforms are needed otherwise the tax burden on the current young will be huge in a few decades, and emigration will become the logical choice for most of them.
  • wageslave
    wageslave Posts: 2,638 Forumite
    I am waiting for somebody to start up a country where there are no promises of huge 'old' (65 isn't that old in my opinion) age provision to a vast number of people. That country will be able to offer such an amazing competitive tax regime for the young they will be silly to stay in the UK.

    I agree with you completely though, serious reforms are needed otherwise the tax burden on the current young will be huge in a few decades, and emigration will become the logical choice for most of them.

    Your user name is entirely offensive unless, of course, you have abs of steel.

    Which, I bet my last tenner, you dont...........
    Retail is the only therapy that works
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I am waiting for somebody to start up a country where there are no promises of huge 'old' (65 isn't that old in my opinion) age provision to a vast number of people. That country will be able to offer such an amazing competitive tax regime for the young they will be silly to stay in the UK.

    I agree with you completely though, serious reforms are needed otherwise the tax burden on the current young will be huge in a few decades, and emigration will become the logical choice for most of them.

    Yeah it's almost all political isn't it? Free bus passes, free TV licences, free prescriptions, attendance allowance, winter fuel payment, christmas bonus, eligibility for pension credit and other goodies like council tax benefit if you haven't saved up for your retirement. Free or subsidised social care from the council or NHS budget...

    That's a huge percentage of the government budget and a huge wealth transfer from the working population.

    Likewise I think emigration will be seriously considered for a lot of young people that can command a decent standard of living abroad at the rate we're going at the moment.
  • wageslave wrote: »
    Your user name is entirely offensive unless, of course, you have abs of steel.

    Which, I bet my last tenner, you dont...........

    Sorry if it offends you but I feel strongly about the unethical overfeeding of young poultry for capitalist pursuit of profit within the meat industry.
  • carolt
    carolt Posts: 8,531 Forumite
    Kohoutek wrote: »
    Yeah it's almost all political isn't it? Free bus passes, free TV licences, free prescriptions, attendance allowance, winter fuel payment, christmas bonus, eligibility for pension credit and other goodies like council tax benefit if you haven't saved up for your retirement. Free or subsidised social care from the council or NHS budget...

    That's a huge percentage of the government budget and a huge wealth transfer from the working population.

    Likewise I think emigration will be seriously considered for a lot of young people that can command a decent standard of living abroad at the rate we're going at the moment.

    Which is because old people bother voting.

    I agree with baby boomer's point earlier, that young people need to be more politically active if they expect their voice to be heard.
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