Baby Boomers making out like bandits as usual

ruggedtoast

http://www.telegraph.co.uk/finance/personalfinance/pensions/8840963/Baby-boomers-are-very-privileged-human-beings.html

'Baby boomers are very privileged human beings'

As Will Hutton of the Work Foundation – and a baby boomer himself – pointed out: "Having enjoyed a life of free love, free school meals, free universities, defined benefit pensions, mainly full employment and a 40-year-long housing boom, [the baby boomers] are bequeathing their children sky-high house prices, debts and shrivelled pensions. A 60 year-old today is a very privileged and lucky human being."

(There's a picture of a smug looking retired couple in the link as well, just to inspire extra anger.)

With a wasted generation hitting the dole queues all over the country, their pockets stuffed with worthless new labour exam certificates, and their own parents struggling to pay the rent to their boomer btl slumlords, it is clear that these boomers have the country stitched up like a kipper.

A._Badger

Will Hutton? WILL HUTTON!?! Please.... the man should have been laughed into exile a decade ago.

System

You talk as if baby boomers were some kind of alien species who had infiltrated Britain and stolen all the best bits. They happen to be the children of the previous generation who fought the war for us, and the parents of everyone of the younger generation who will inherit their legacy and financial assets.

abaxas

Just change the rules on retirement and unretire millions of people, stop paying their pensions.

Job done.

reweird

It was tough in our day too you know but some of you young 'uns are so wet behind the ears you don't know you were born.

abaxas

reweird wrote: »

It was tough in our day too you know but some of you young 'uns are so wet behind the ears you don't know you were born.

The issue is with hypocrisy.

Ie to have taken advantage of the situation then refuse it to others.

Fred_Bear_2

abaxas wrote: »

The issue is with hypocrisy.

Ie to have taken advantage of the situation then refuse it to others.

Hi abaxas, could you explain this statement please. It isn't clear to me.

Fred

abaxas

Fred_Bear wrote: »

Hi abaxas, could you explain this statement please. It isn't clear to me.

Fred

Take for example.

In the 60/70's there was huge building in the area where I was born. Lots of people moved in and had families.

Recently there has been attempted planning permission for more homes and the people who originally moved into the estates are complaining about more building.

The people who took advantage of the building boom in the 60/70s are now refusing any more building in the area.

Hypocrisy at it's best.

Oldernotwiser

abaxas wrote: »

Just change the rules on retirement and unretire millions of people, stop paying their pensions.

Job done.

That'll do a lot for solving the unemployment crisis!

abaxas

Oldernotwiser wrote: »

That'll do a lot for solving the unemployment crisis!

There is no employment crisis.

Just the minimum wage and benefits stopping people from working.

Oldernotwiser

abaxas wrote: »

Take for example.

In the 60/70's there was huge building in the area where I was born. Lots of people moved in and had families.

Recently there has been attempted planning permission for more homes and the people who originally moved into the estates are complaining about more building.

The people who took advantage of the building boom in the 60/70s are now refusing any more building in the area.

Hypocrisy at it's best.

An estate where the same people have lived in the same houses for 40/50 years? That's a one off!