So how much did it cost...

lessonlearned

A._Badger wrote: »

I could tell a very similar tale and, working as I do with the L'Oreal generation, hear the whining and watch the money being splashed around like ketchup.

Oooh I love that phrase.

I've been married twice - the first house was with OH number 1.

My second OH was just as hardworking and sensible. He used to come home from work and chuckle away at how the youngsters in his office splashed the cash and then moaned like hell they had no money.

Bottled water, (Evian no less), pret-a-manger sandwiches, cans of coke bought from a vending machine several times a day. Then of course there were all the after work trips to the pub, take-a-ways, going clubbing several times a week, stag and hen weekends away in foreign climes, the obligatory BMW, fancy mobiles, designer gear, gym membership and on and on and on.

No money left for a house - of course not - it's all been frittered away with nothing to show for it.

Show a little restraint and save hard like your parents did??

Of course not. No fun in that is there and anyway "they are entitled to it all and soooooo worth it".

kingdavid2012

Graham_Devon wrote: »

I'm not sure if it was just being younger, or whether teens still get a thrill out of buying an album today....but it certainly used to mean more to me after browsing in woolies and buying an album o game than it does now.

However, things have changed and I have changed. Instant gratification can be had via Itunes for films, videos etc. Should think it's a combination of the two.

Christmas used to be loads better as a kid too! Think things just change as you age.

These days younger generation get thrill from the things different than ours.

You can only change your mind if you can't change the things.

RenovationMan

wotsthat wrote: »

Why? Do you expect the post boomers to be the first generation that decides to pay down some of the national debt?

I suspect that the post boomers will build up the debt further and leave it to the next generation. The next generation will then moan about their parents (they'll need a catchy catchall name for them first) and they'll do exactly the same etc.

The way some people talk, you'd think that they had just arrived in Britain from outer space and are now liable for all the debts, rather than having gone through a free education system, indirectly received state subsidies via their parents in the form of child benefit, tax decreases (from 25% to 20% with basic rate) and had a free health service for when/if they get ill. Now it's time for them to shoulder the burden and some of them don't like it.

Well, they could move to the US or some other country without state provided benefits and see how they get on - probably fine until they get ill or have an accident, then watch them slink back home.

GeorgeHowell

ruggedtoast wrote: »

A VCR cost this. Itunes cost that.
At television costs this. Now it costs that.

What nonsense.

The young don't want your frippery and baubles. They are not fooled.

They want what the boomer generation had when they started out. The option to make their way in the world and set up a modest home. To work hard and have the output of that work rewarded, rather than gobbled up by the previous generation.

Yet they are saddled with bleak unemployment, a colossal bill for national debts they didn't incur, stratospheric house prices, and the immense liabilities for boomer retirements they will never enjoy themselves.

Let's go over a couple of things again, because the message doesn't seem to be getting through.

The boomer generation did not have everything that today's younger generation has and more. There was no such thing as a gap year (a scandalously expensive waste of time and opportunity in my view); they did not have every new gadget going as soon as it came out; few of them were given driving lessons and a car (let alone a new one) when they reached 17, few could afford heavy drinking several times a week and regular meals in upmarket restaurants; few had everything new when they did set up home; the many who lived at home in order to save a deposit gave their parents money for their keep; for the considerable majority there was no bank of mum and dad.

Now to pensions. Inflation-proofed over-generous public sector pensions are indeed an unreasonable burden on the taxpayer, including the young. But the mostly less generous private pensions draw on funds built up over working life and can not reasonable be described as a burden on the young. The young could have better pensions if they are willing to pay in more, and accept that retirement age has to be set recognising time in retirement, not time at work.

Labour can largely be blamed for the bloated public sector and failure to tackle the public sector pensions timebomb. Labour can also be blamed for the colossal public debt bill. Having said that more of the young tend to vote Labour -- no doubt based on peer pressure and fear of appearing 'uncool' not to do so. They should think again at the next election.

This is all repetition but it keeps getting totally and conveniently ignored in the offerings from certain posters and so merits reiteration.

Kennyboy66

ukcarper wrote: »

I can remember buying an album in the sixties was a completely different experience. Thumbing through all the covers and then going into the booth to listen to your choice. I can’t imagine downloading the latest track can be as satisfying.

Probably true - but for many kids, music is effectively 'free'.

Listened via youtube or downloaded illegally.

ukcarper

Kennyboy66 wrote: »

Probably true - but for many kids, music is effectively 'free'.

Listened via youtube or downloaded illegally.

OK if sound qaulity isnt an issue, people used to tape things off the radio back in the 70s or borrow records and tape then not me obviously.

grizzly1911

ukcarper wrote: »

OK if sound qaulity isnt an issue, people used to tape things off the radio back in the 70s or borrow records and tape then not me obviously.

The teaspoon rattling in the background and the editing out of Jimmy S on TOTPs, was a bit of a give away, I have been told. Recording using a mono microphone from the stereogram probably in the days before AV line connections.

ukcarper

grizzly1911 wrote: »

The teaspoon rattling in the background and the editing out of Jimmy S on TOTPs, was a bit of a give away, I have been told. Recording using a mono microphone from the stereogram probably in the days before AV line connections.

What do you mean stereogram more like transistor radio. if you didnt want all the chatting you had to get use to missing the intro.

grizzly1911

54694455 wrote:

tax decreases (from 25% to 20% with basic rate)

.

Since I started work BRT has reduced from 30 -20%. National Insurance has increased from 6.75% - 12% (not inc surcharge over HRT). Married persons tax allowance removed 2000.

This doesn't include any adjustment or not to personal allowances drawing you towards higher rate .

VAT increased form 15% - 20%. VAT applied to more commodities and reduced rate introduced e.g. 5% Insurance, energy.

Duty escalators on fuel.

Rates, Poll Tax, Council Tax on original property £600 now £1300. Surprisingly that was/is in a labour stronghold and I now live in conservative stronghold but the current Council Tax is within a few £s for our current banding.

Water Rates £130, no meter now £650 with meter:silenced:

Not applicable to me but to yoofs.

Student loans introduced with tax/repayment 9% above threshold.

One of only two certainties in life tax will increase.

grizzly1911

ukcarper wrote: »

What do you mean stereogram more like transistor radio. if you didnt want all the chatting you had to get use to missing the intro.

The stereogram in question was an indulgent luxury, to play all those sampler LPs, demonstrating the split channels from 3' spacial separation;)