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The Most Selfish Generation in History and the Debt Trap
Comments
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ruggedtoast wrote: »Do you all go to some kind of evening class where you learn to complain in unison about younger people owning iPods?
It is a good point though, I am pretty sure the reason most younger people cant find the £220k you need to buy a small house these days is because some of them may own a branded mp3 player.
And certainly no one over 50 owns one. Oh no.
http://www.rightmove.co.uk/property-for-sale/property-35412986.html?premiumA=true
small like this you mean0 -
http://www.rightmove.co.uk/property-for-sale/property-35412986.html?premiumA=true
small like this you mean
That's one cheap house!! WOW!!
Hatch Warren isn't the best part of Basingstoke, however - maybe that's why it's so cheap?Bringing Happiness where there is Gloom!0 -
ruggedtoast wrote: »Do you all go to some kind of evening class where you learn to complain in unison about younger people owning iPods?
It is a good point though, I am pretty sure the reason most younger people cant find the £220k you need to buy a small house these days is because some of them may own a branded mp3 player.
And certainly no one over 50 owns one. Oh no.
£60/70K in North Staffs."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »In 1975/76 basic rate of income tax was 35% and employees nic 5.5%.
So 40.5% in total.
Worth checking your facts before jumping to conclusions.
Doesn't really tell the whole tale though does it. Many allowances haven't kept pace - I would suggest. Remember the higher paid employee limit of £8500 :rotfl:
Other stealth taxes have also been layered up since then not to mention Rates - Poll Tax to Council Tax.
Interestingly once Grads become higher rate taxpayers they will be paying at 51% yet those on £150k now think that 52% is unfair and a disincentive..."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
I think you missed the point of my post. I welcome a situation in which people are financially responsible for their choices rather than getting a blanket guarantee from the taxpayer.
I don't want taxpayers to pay for me when I'm old, nor anyone else. We'll have had our whole lives to make provision for retirement (even easier with a reduced tax burden thanks to no longer providing a state pension).
I don't see why we should all live off the fruits of the next generation's labours when it would be infinitely fairer to live off our own.
I wish you luck.
You have a lot to learn.
Many things will be out of your control.
Governments have a habit of moving the goal posts and scuppering well laid plans, that is of course if you don't encounter ill health, marriage breakdown, loss of a partner or other natural occurrence.
It is unfortunate that you are so fixated on self rather than society as a whole.
Unless
Think and do some research to help you reach impartial conclusions, rather than let envy of others cloud your judgements and blinker you so that you cannot face inconvenient truths. :cool:
+1"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
ruggedtoast wrote: »The more articles there are like this the harder it becomes for the boomers to hide.
What are you on about. We didn't suck anything out of the system, we just worked with what there was. I didn't go to university, why should I pay for others that do? Let them fund it themselves, or leave school at 15 like I did and work hard.
I am not a liberal elite that has flooded the country with immigrants to cause wage deflation and cause house price inflation. I'm not NuLab that tried to get 50% of the population going through university, despite there not be the qualified jobs available.
I'm not the one that caused a credit boom and wrecked pensions. I'm not the one that has sold us down the river to the EU and promised trillions of pounds in bailouts.
I'm just a 46 year old person who happened to be born right at the tail end of the baby boomers and has tried to do the best for himself.0 -
Well, it sounds as though Mr Paxman feels as though he has led a privileged life – which I am sure he has.
I know plenty of people of his age who didn't go to university (only about 10 per cent of people did when he was young), who live quite modestly and who have grafted hard all their lives to earn a living. They've also had to pay (as taxpayers) for bringing up other people's children (though they may never have had such benefits themselves, being childless) – children who have grown up with a massive sense of entitlement and selfishness.
Do some reading about life for many people in London, for example, as late as in the 1950s (and for some considerably later): then you may realize what real poverty and deprivation was. For such people it was a question of having enough food on the table to feed their families, not having iPods, 10-metre-wide plasma screen TVs, a new kitchen every year, the must-have three-bedroom property (with a lav for each bedroom, of course) even if you only have one child, and your lifestyle subsidized by your despised 'baby boomer' parents.
Think and do some research to help you reach impartial conclusions, rather than let envy of others cloud your judgements and blinker you so that you cannot face inconvenient truths. :cool:
I quite agree.
To be honest there are very few,less than 1% of so called "boomers" I know that were able to go to uni.
Everyone I know of left school and started to work at 15.
They did so because there was no other option,the family needed them earning.
I can't see how working in the shipyards or mines as people did round here was very priviledged.
Mr Paxman should think before he speaks since not everyone has lived as he has.
He obviously has no idea how the average man on the street lives,let alone his working conditions.
I doubt he's done a real days graft in his life let alone risk the associated illness and injuries that those jobs risk.0
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