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The Economics of Pessimistic Time Travelling Kippers

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HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
edited 28 November 2014 at 1:52PM in Debate House Prices & the Economy
B245Jq8IYAEQ2vj.png:large

https://yougov.co.uk/news/2014/11/20/why-ukips-rivals-are-fighting-wrong-battle/

We all know (and data confirms) that UKIP voters tend to be older, white, male, and ill educated.

But wanting to live in the past?

Explains a lot.....

Anyway, to keep this thread on topic, the economic impact of winding back the societal clock a few decades would be horrific. The current national debt and ageing crisis with a much smaller population to support it would mean austerity and poverty for tens of millions.

Why would they want that?
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”

-- President John F. Kennedy”
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  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    B245Jq8IYAEQ2vj.png:large


    https://yougov.co.uk/news/2014/11/20/why-ukips-rivals-are-fighting-wrong-battle/

    We all know (and data confirms) that UKIP voters tend to be older, white, male, and ill educated.

    But wanting to live in the past?

    Explains a lot.....

    Anyway, to keep this thread on topic, the economic impact of winding back the societal clock a few decades would be horrific. The current national debt and ageing crisis with a much smaller population to support it would mean austerity and poverty for tens of millions.

    Why would they want that?



    Why distort would is a reasonable story?


    There wasn't an aging 'crisis' 20-30 years ago and there isn't now as can be seen from the abundance of labour.


    The CURRENT national debt wasn't the same then either.


    Our foreign debts are set to increase and our net foreign assets decline as we import more and more essential imports to service the growing population.
    Truly a growing crisis which will continue to be ignored by all politicians until is become 'fashionable'.


    House prices in London and the SE were such that young people born and raised there could reasonably expect to be able to buy a family home near parents, friends and support groups: no longer the case but I suppose no issue to some-one living in the far north.


    Personally I think that things are pretty good right now but increase in population has both good and bad consequences.


    Probably, by some Byzantine working of the corrupt Barnett formula, Scotland will gain from this and so Hamish will continue to be a population growth problem denier.
  • There was a great Daily Mash article once called "Win a Holiday to the 1950s", which pretty much summed up the UKIP attitude of yearning for time travel, but I cant find it now for the life of me.

    A spinning Martin for the first one to find it.

    (this is what you could have :money:)
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    From memory, 30 years ago seemed a pretty good time. Apart from more gadgets are we much better off?

    Seems a lot more dissatisfaction around these days.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Bantex wrote: »
    From memory, 30 years ago seemed a pretty good time. Apart from more gadgets are we much better off?

    Seems a lot more dissatisfaction around these days.

    According to my latest boomer thread, 30 years ago was a dreadful time when everyone ate dust twice a day if they were lucky and people were regularly abducted by giant flying pterosaurs then fed in pieces to their nestlings.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    But wanting to live in the past?

    Depends how you define the past. Is the UK a better and fairer place? I would say not. For a whole multitude of reasons. Many unrelated to the EU as well.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    According to my latest boomer thread, 30 years ago was a dreadful time when everyone ate dust twice a day if they were lucky and people were regularly abducted by giant flying pterosaurs then fed in pieces to their nestlings.



    your mummy shouldn't have told you those silly, scary stories but nevertheless it's time to make up with her now and enjoy the wonders and wealth of the 21st century
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bantex wrote: »
    From memory, 30 years ago seemed a pretty good time. Apart from more gadgets are we much better off?

    Seems a lot more dissatisfaction around these days.

    Definitely a more positive atmosphere. People were more entrepreneurial. Hard work was rewarded.
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    There is a lot of pessimism and unhappiness in the country - in Scotland its reflected in support for the SNP and in London oddly by support for the likes of Mayor Rahman (and oddly even Labour).

    Odd that most of our young people don't wake up to how s****d they are - fewer decent jobs, no pensions to look forward to, can't afford a house on an average wage, paying high taxes to fund an ever rising national debt, paying taxes to fund generous entitlements for those over 50 which they won't ever get themselves.

    Why many more of them aren't voting UKIP is beyond me!
  • Bantex wrote: »
    From memory, 30 years ago seemed a pretty good time. Apart from more gadgets are we much better off?

    Yes, most people are significantly better off than they were a few decades ago.

    introinforgraphicv7_tcm77-303524.png

    Seems a lot more dissatisfaction around these days.

    Indeed.

    But based on a false perception, not the reality.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    Yes, most people are significantly better off than they were a few decades ago.

    introinforgraphicv7_tcm77-303524.png




    Indeed.

    But based on a false perception, not the reality.
    Some of the figures are a bit unbelieveable, how could 63% of the population own their own home?
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