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UK failing it's young as gulf grows between generations

Graham_Devon
Graham_Devon Posts: 58,560 Forumite
Part of the Furniture 10,000 Posts Combo Breaker
Commenting on the report, a former World Bank economist Professor Lawrence Kotlikoff said inequality between old and young was the “moral issue” of the day.

“The foundation’s vitally important index makes it clear that the UK is failing its young,” he said. “The UK, like other developed economies, has engaged in fiscal, educational, health and environmental child abuse.”

Angus Hanton, co-founder of the foundation, said the situation would be exacerbated by the budget. “One of the things we’re doing is drawing to the attention of the older generation exactly what they are doing. Unfortunately human nature means people think ‘We did something to deserve our comfortable lives, we’re entitled’ – and the baby boomers are experts at that. A lot of people have a moment of dawning, when they start joining the dots. A lot of politicians are very aware of what’s looming, but they won’t dare say it.”
http://www.theguardian.com/society/2015/jul/11/uk-young-fairness-george-osborne-budget

I did try to find this on the telegraph, alas, nothing mentioned...but there is lots of stuff about how you can avoid new taxes on your BTL by setting it up as a croquet and knitting group.

Andy Burnham raises an interesting question too:
What possible justification can there be for excluding under-25s from the ‘national living wage’?
«1345678

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    http://www.theguardian.com/society/2015/jul/11/uk-young-fairness-george-osborne-budget

    I did try to find this on the telegraph, alas, nothing mentioned...but there is lots of stuff about how you can avoid new taxes on your BTL by setting it up as a croquet and knitting group.

    Andy Burnham raises an interesting question too:
    What possible justification can there be for excluding under-25s from the ‘national living wage’?

    one wonders what drives a such self interest to describe this as the 'moral issue of the day'
    really :now maybe comparing the enormous riches of the UK poorest, to that of most of the world would be a more worthy debate

    and if andy can work it out for himself, he certainly isn't clever enough to be leader of the labour party.
  • lisyloo
    lisyloo Posts: 30,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It ok to live at home or share or sleep on the floor when your under 25.
    It's back breaking sleeping on the sofa when you're 50 and living with mum & dad is humiliating.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What possible justification can there be for excluding under-25s from the ‘national living wage’?

    Similar reasons for why Labour excluded them from working tax credits, and why there are already lower rates of NMW for different age groups.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    http://www.theguardian.com/society/2015/jul/11/uk-young-fairness-george-osborne-budget

    I did try to find this on the telegraph, alas, nothing mentioned...but there is lots of stuff about how you can avoid new taxes on your BTL by setting it up as a croquet and knitting group.

    Andy Burnham raises an interesting question too:
    What possible justification can there be for excluding under-25s from the ‘national living wage’?

    Why not link to the report instead of worrying about which story teller is, or isn't, spinning some sort of yarn about it.

    Personally I think the budget was good for young people. A clear signal that over reliance on the state is fraught with danger. A gift to last a lifetime.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    Why not link to the report

    Why not indeed. Give it a try - good luck ;)
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Child abuse? If that wasn't so ridiculous as to be laughable it might be offensive.

    All these poor UK kids with free housing, education, healthcare, social services and state subsidised parents.

    Has anyone been to India?
    Left is never right but I always am.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Why not indeed. Give it a try - good luck ;)

    Talk about being led by the snout. The story tellers haven't even seen the report themselves and are 'reporting' on the overtly biased press release advertising its arrival next week.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    “The UK, like other developed economies, has engaged in fiscal, educational, health and environmental child abuse.”

    How utterly absurd – in reference to a generation that has more than the youth of any preceding generation did, and more than the youth of most countries outside northern Europe has now.

    I wonder about the motives of the writer of such drivel. Is he himself one of the 'deserving poor'? It can't be sheer ignorance that drives someone like this, can it?
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    wotsthat wrote: »
    Personally I think the budget was good for young people. A clear signal that over reliance on the state is fraught with danger. A gift to last a lifetime.
    Does that mean you agree with abolishing all age related benefits?
    Most people over 70 seem to be "over reliant on the state".
    Time to scrap the Winter Fuel Payment, Cold Weather Payment, Free Bus Passes, Free TV Licence, Free Prescriptions, Free Eye Tests, Pensioner Bonds and Pension Credit. Also time to scrap the exemption they have from the cuts to Housing Benefit, Bedroom Tax and Council Tax Benefit.
    Give them the gift of independence from the state!
    Changing the world, one sarcastic comment at a time.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Croquet and knitting is a rather ecclectic combination.
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