Do baby boomers feel guilty about shafting younger generations?

PasturesNew

ukcarper wrote: »

Wait until next year only female babyboomers getting state pension now.

I have no idea what this means.

ukcarper

PasturesNew wrote: »

I have no idea what this means.

Male babyboomers will not be 65 yet so you are not paying for their state pensions yet but next year the first will be getting theirs.

Mr.Brown_4

ukcarper wrote: »

Male babyboomers...

They sound like some sort of primate.

edit: btw I have been trying to shaft the younger generation for years now, but they aren't up for it.

PasturesNew

Mr.Brown wrote: »

They sound like some sort of primate.

edit: btw I have been trying to shaft the younger generation for years now, but they aren't up for it.

I've never found it a problem. Especially that lot from the mid 1980s.... insatiable they were. All of them...

PasturesNew

ukcarper wrote: »

Male babyboomers will not be 65 yet so you are not paying for their state pensions yet but next year the first will be getting theirs.

They paid in though. If they've worked for 40-50 years they should get it.

Cleaver

Malcolm. wrote: »

Do baby boomers feel guilty about shafting younger generations?

Born between 1970 and 2000?

Then you’re stuffed, pal. Accept it.

You can certainly forget about retiring at a reasonable age, on a decent pension, or buying a half-decent house at a half-decent price.

You can’t you see, because the old folk have it all sown up.

Yep that’s right, they’re all happily sitting in their luxurious houses bought many moons ago for the price of a pack of peanuts, and raking in their stupendously-generous pensions.

And you’re paying for it, young mug, through higher taxes and that eye-wateringly large mortgage.

Yawn.

I have a lot of respect and admiration for the boomer generation. People like my Dad were born in to poverty on a council estate, but that council estate still had a community spirit and work ethic that meant that my Dad and his two siblings (who had to share a bed all through their childhood, not just a bedroom) grew up to have successful careers and lives. They all achieved this through working damn hard.

My Dad's hard work meant that I had choices in life that he never did. I've travelled to places and countries that he only read about in books. I did actually work when I was a teenager and as a student, but the money I earned was mine to do what I wanted with. When my Dad worked as a teenager he normally gave most to his parents to help them out. By my mid-twenties we had everything we could want through our relatively cheap standard of living. I don't mean that in an arrogant way, but we can buy a TV for £200. We can furnish a house from Ikea for £1,000. Holidays are cheap. My parents had to save for months just to buy small items of furniture and they were in similar jobs in their twenties as us.

Is my mortgage more than my parent's mortgage was? Probably. Is my standard of living worse than their's was when they were our age? No chance.

People who moan on and on as in the article above are people, in my opinion, who don't understand what quality of life means. They equate it to the cost of your mortgage or how big your pension or house is. Quality of life has nothing to do with any of this.

Malcolm.

Cleaver wrote: »

Yawn.

I have a lot of respect and admiration for the boomer generation. People like my Dad were born in to poverty on a council estate, but that council estate still had a community spirit and work ethic that meant that my Dad and his two siblings (who had to share a bed all through their childhood, not just a bedroom) grew up to have successful careers and lives. They all achieved this through working damn hard.

My Dad's hard work meant that I had choices in life that he never did. I've travelled to places and countries that he only read about in books. I did actually work when I was a teenager and as a student, but the money I earned was mine to do what I wanted with. When my Dad worked as a teenager he normally gave most to his parents to help them out. By my mid-twenties we had everything we could want through our relatively cheap standard of living. I don't mean that in an arrogant way, but we can buy a TV for £200. We can furnish a house from Ikea for £1,000. Holidays are cheap. My parents had to save for months just to buy small items of furniture and they were in similar jobs in their twenties as us.

Is my mortgage more than my parent's mortgage was? Probably. Is my standard of living worse than their's was when they were our age? No chance.

People who moan on and on as in the article above are people, in my opinion, who don't understand what quality of life means. They equate it to the cost of your mortgage or how big your pension or house is. Quality of life has nothing to do with any of this.

Yawn.

You own your own home. There are many young people today, far more than those in the baby boomer generation, that don't and won't. Of course there's more total wealth around nowdays, it's the distribution of it which is being questioned.

Try having some empathy for those that aren't quite as fortunate as you.

bo_drinker

tartanterra wrote: »

Now there's a shock.
Older people (who have had more time to save) have more than younger people (who have had less time to save).
Just as well this "rocket scientist" is in Parliament really.

Exactly what I was shouting at the radio when Jeremy Vine was prattling on about it yesterday. Never heard so much bo11ox in all my life.
If it was the other way round and the boomers went cap in hand to the binge drinking yoof what would happen.:rotfl:

bo_drinker

Malcolm. wrote: »

Yawn.

Try having some empathy for those that aren't quite as fortunate as you.

Get to bed if you're tired...

Kohoutek

Malcolm. wrote: »

Do baby boomers feel guilty about shafting younger generations?

Born between 1970 and 2000?

Then you’re stuffed, pal. Accept it.

You can certainly forget about retiring at a reasonable age, on a decent pension, or buying a half-decent house at a half-decent price.

It's not just pensions and wealth. We're going to inherit a world that is living way beyond its means, that's rapidly draining its non-renewable resources.

About 85% of the world's energy comes from fossil fuels, which are rapidly running out. I remembering being taught at school we had 250 years of coal left, but actually at the rate it's being used it's potentially less than 50. Peak oil is the big disaster looming on the horizon, and virtually nothing has been done to mitigate the devastating impact it will have.