Re: generational inequality
Young people have been screaming about this for a long time but voters who benefitted from this inequality don't give a toss.
Everything is more expensive, it's far harder to buy a house, we probably won't get a state pension, NHS may collapse, wages have stagnated for decades yet so many old people bury their heads in the sand and say 'we're just entitled'.
Re: generational inequality
Quote:
Originally Posted by
Doucas
Young people have been screaming about this for a long time but voters who benefitted from this inequality don't give a toss.
Everything is more expensive, it's far harder to buy a house, we probably won't get a state pension, NHS may collapse, wages have stagnated for decades yet so many old people bury their heads in the sand and say 'we're just entitled'.
Congratulations for stereotyping a whole generation.
Re: generational inequality
Quote:
Originally Posted by
Rjk
came across this on twitter earlier which I found very surprising
Attachment 5990
Maybe from the same source - I just did a bit of research
"Millennials and Gen Z face a cost of living crisis, not just from the impacts of inflation, but critically because of a long term shift on who and how the state taxes. This shift has happened over time, with rates rising by a greater magnitude for young people and low earners than for higher earners and people over the State Pension Age. Almost every generation has paid more in taxes, both direct and indirect, than those born in the previous decade did at the same age.
Recent debate within the Conservative party has focussed on the burden of tax in absolute terms, missing the nuanced discussion of where tax falls. Older generations have benefitted from lower tax rates throughout their lives and now benefit from low asset taxes. Conversely, younger people pay a much heavier burden of tax and are predicted to do so throughout their lives. Young professional graduates now pay a marginal rate of 52 per cent. The high-taxation problem is compounded by lower disposable incomes compared to Gen X, driven by housing costs and low wage growth.
Rt Hon Simon Clarke MP, former Secretary of State for Levelling Up and MP for Middlesbrough South and East Cleveland
To win not just the next election but those in the coming decades, we must offer more to younger generations. The principles of good work, home and family are Conservative ones. By prioritising reform in these areas the party can give younger people their own chance to get on in life. Rebalancing our economy in this way is imperative if we are to win their support, and in turn see future Conservative governments.
The party has always been at its strongest when it governs for the entire country, rather than chasing a narrow coalition of voters. As support amongst Millennial and Gen Z voters drifts further away, now is the time to reassess our approach.
This isn’t just important for the electoral future of the party, but for the growth and prosperity of the UK. Next Gen Tories has rightly identified that we must prioritise building more homes, supporting families and lowering taxes. The evidence is clear – and it calls us to action.
The average person born in 1956 will pay £940,000 in tax over the course of their life, but they are forecast to receive state benefits amounting to more than £1.2 million, a so-called welfare dividend of £291,000. When the balance of taxation is fair, each generation is happy to pay for others to benefit from the education that they received themselves, or for the health and social care that they too will rely upon in older age. This principle is put under pressure if poorer millennials are asked to pay in more and take out less than older generations.
In the next decade the question of how the Government raises tax will become more pressing. As the baby boomer population ages, the subsequent pressures on the public sector will necessitate increased spending in the absence of public service reform. Indeed, spending on health care and social security is set to rise by £24 billion by 2030 and by £63 billion by 2040.
Conservatives understand that the state has no money of its own, only taxpayers money, placing a responsibility on the state to raise taxes fairly. Funding an expansion of the state through redistribution of wealth from poor to rich goes against the Conservative principle of equality of opportunity. Rebalancing the tax system will reap significant rewards, giving younger people more disposable income to put either directly into the economy or to save for a deposit on a property.
This approach will create a more balanced economy, where younger people are able to get on in life under their own steam. As the public finances return to health in the coming years, the proceeds of growth must be targeted at working people first. When considering where these tax cuts fall, the Treasury must ensure these voters, who pay the most but receive the least, are at the forefront of their minds."
What was the population of the UK in 1956 and what is the population of the UK today? - probably easier to give a net gain in benefit when there is less people to give it to. Caveat the article - and the sentiment of the statement doesnt give a source to the data or even state where it has been verified. Im presuming it has been verified (which maybe incorrect)
Re: generational inequality
'What was the population of the UK in 1956 and what is the population of the UK today? - probably easier to give a net gain in benefit when there is less people to give it to. Caveat the article - and the sentiment of the statement doesnt give a source to the data or even state where it has been verified. Im presuming it has been verified (which maybe incorrect)'
Are fewer.
UK population 1956: 51,421,613.
UK population 2023: 67,736,802
Thank you Google.
Re: generational inequality
Quote:
Originally Posted by
Taunton Blue Genie
Congratulations for stereotyping a whole generation.
Well older people do overwhelmingly vote Conservative in addition to voting for Brexit. You only have to go to Facebook, football forums or Daily Mail to see what older people's thoughts are on the situation, the majority do not care.
Re: generational inequality
Quote:
Originally Posted by
Doucas
Well older people do overwhelmingly vote Conservative in addition to voting for Brexit. You only have to go to Facebook, football forums or Daily Mail to see what older people's thoughts are on the situation, the majority do not care.
I have many friends who are grandparents (many of whom are on Facebook) and who are neither Daily Mail readers nor contributors to football forums. Many of them have grandchildren themselves and some of them have released capital to help them out.
I think you are better than just spouting such generalisations based on the Daily Mail and the like. A lot of posters on this message board are of a certain age but I don't recall many posts where they state 'We're just entitled' (your words), do you?
Re: generational inequality
Quote:
Originally Posted by
Doucas
Young people have been screaming about this for a long time but voters who benefitted from this inequality don't give a toss.
Everything is more expensive, it's far harder to buy a house, we probably won't get a state pension, NHS may collapse, wages have stagnated for decades yet so many old people bury their heads in the sand and say 'we're just entitled'.
It's far harder to buy a house primarily due to immigration yet hard lefties like you won't ever admit it. You'll blame everything but immigration
Re: generational inequality
Quote:
Originally Posted by
NinianOpinion1927
It's far harder to buy a house primarily due to immigration yet hard lefties like you won't ever admit it. You'll blame everything but immigration
There are over one million empty homes in the UK - either in disrepair or being held as investment stock.
Large parts of London have been bought up by Tory donors (aka foreign oligarchs, dictators and the extended families of absolutist monarchs) and kept empty or priced out of the reach of local people.
Developer land banking and local authorities prevented by government subsidy snd self-financing rules from building more homes in urban areas and brownfield sites.
But no.... the real reason for the jackboot fraternity is immigration?
Re: generational inequality
Quote:
Originally Posted by
NinianOpinion1927
It's far harder to buy a house primarily due to immigration yet hard lefties like you won't ever admit it. You'll blame everything but immigration
My son took the keys last week to his 1st house and now has a 40 year mortgage to contend with, when myself and Doris leave this earth then his financial problems will ease but not disappear so you could say he has a safety net, however, he doesn't go sulking on social forums like this complaining on how the world has tucked him up, he just got a 2nd Job saved for a ridiculous deposit and has taken the plunge. TBF to him, he worked out far sooner than i did, their isn't one single politician of any badge colour worth a wank and certainly not worth a 10 min walk to a polling booth. If you want it enough then you can achieve it, I could never have afforded to have gone to University and I'm glad that I didn't, those who did from my era and skool some have done very nicely but good luck to them, no envy, and a pat on the back to them the country needs entrepreneurs, I wouldn't pretend it's easy for the young, I moved out at 21, my son at 31, but as said previously if you want it, it's possible just get of your arse, off your phone, stop whining and get a Job (2 if needed). Immigration needs to be resolved but to even mention the word it's faaaaaaaaaaaaar right. More pressing matters, the next meltdown incoming, The next Tory budget to abolish inheritance Tax :hehe::hehe::hehe::hehe::hehe:
Re: generational inequality
Quote:
Originally Posted by
Taunton Blue Genie
Congratulations for stereotyping a whole generation.
He said 'yet so many' which I think is probably true. My mum doesn't vote selfishly and would actively vote for things that reduce inequality even if they negatively affected her yet she has gotten so used to additional benefits and even private sector pricing favouring older people that her whole perspective is skewed. I asked her why my dad gets a discounted season ticket as an OAP while loads of poorer people pay full price (they live near Inverness and he has a season ticket at Ross County) and she couldn't understand what I was getting at...
Re: generational inequality
People buying multiple properties for AirBnB purposes doesn't help.
Re: generational inequality
Quote:
Originally Posted by
Heathblue
My son took the keys last week to his 1st house and now has a 40 year mortgage to contend with, when myself and Doris leave this earth then his financial problems will ease but not disappear so you could say he has a safety net, however, he doesn't go sulking on social forums like this complaining on how the world has tucked him up, he just got a 2nd Job saved for a ridiculous deposit and has taken the plunge. TBF to him, he worked out far sooner than i did, their isn't one single politician of any badge colour worth a wank and certainly not worth a 10 min walk to a polling booth. If you want it enough then you can achieve it, I could never have afforded to have gone to University and I'm glad that I didn't, those who did from my era and skool some have done very nicely but good luck to them, no envy, and a pat on the back to them the country needs entrepreneurs, I wouldn't pretend it's easy for the young, I moved out at 21, my son at 31, but as said previously if you want it, it's possible just get of your arse, off your phone, stop whining and get a Job (2 if needed). Immigration needs to be resolved but to even mention the word it's faaaaaaaaaaaaar right. More pressing matters, the next meltdown incoming, The next Tory budget to abolish inheritance Tax :hehe::hehe::hehe::hehe::hehe:
You are missing the bigger issue which is that a large part of economy fails to exist if younger people don't have any money to spend. You can give my parents as much money as you want, they will go out for dinner once a month, the rest will sit in a savings account.
Re: generational inequality
Quote:
Originally Posted by
Eric Cartman
You are missing the bigger issue which is that a large part of economy fails to exist if younger people don't have any money to spend. You can give my parents as much money as you want, they will go out for dinner once a month, the rest will sit in a savings account.
I'm missing your issue!!!!
Re: generational inequality
Quote:
Originally Posted by
Eric Cartman
He said 'yet so many' which I think is probably true. My mum doesn't vote selfishly and would actively vote for things that reduce inequality even if they negatively affected her yet she has gotten so used to additional benefits and even private sector pricing favouring older people that her whole perspective is skewed. I asked her why my dad gets a discounted season ticket as an OAP while loads of poorer people pay full price (they live near Inverness and he has a season ticket at Ross County) and she couldn't understand what I was getting at...
He stated "Young people have been screaming about this for a long time but voters who benefitted from this inequality don't give a toss."
That's what I responded to, old fruit.
Re: generational inequality
Quote:
Originally Posted by
jon1959
There are over one million empty homes in the UK - either in disrepair or being held as investment stock.
Large parts of London have been bought up by Tory donors (aka foreign oligarchs, dictators and the extended families of absolutist monarchs) and kept empty or priced out of the reach of local people.
Developer land banking and local authorities prevented by government subsidy snd self-financing rules from building more homes in urban areas and brownfield sites.
But no.... the real reason for the jackboot fraternity is immigration?
And the population of the UK has grown by over 7 million since Labour opened our borders in 1997. Immigration has had a massive affect on pushing house prices out of people's reach. It's fundamental, you don't need to be an expert to understand this
Re: generational inequality
Quote:
Originally Posted by
Taunton Blue Genie
I have many friends who are grandparents (many of whom are on Facebook) and who are neither Daily Mail readers nor contributors to football forums. Many of them have grandchildren themselves and some of them have released capital to help them out.
I think you are better than just spouting such generalisations based on the Daily Mail and the like. A lot of posters on this message board are of a certain age but I don't recall many posts where they state 'We're just entitled' (your words), do you?
When I brought up wealth inequality before on this messageboard I was told I was just jealous, when I explained I'm doing alright i was then called a champagne socialist.
I asked multiple members whats the exact amount of wealth/income I should have before mentioning wealth inequality and I was then told how I'm entitled, don't want to work for anything and expect things for free.
Many older people are very generous, especially when helping out younger members of their family, that's to be commended. However their voting patterns are causing younger people to need that help in the first place.
Re: generational inequality
Quote:
Originally Posted by
Taunton Blue Genie
People buying multiple properties for AirBnB purposes doesn't help.
And taking property out of the long term rental market. Air BnB and the like needs clamping down on.
Re: generational inequality
Quote:
Originally Posted by
Doucas
When I brought up wealth inequality before on this messageboard I was told I was just jealous, when I explained I'm doing alright i was then called a champagne socialist.
I asked multiple members whats the exact amount of wealth/income I should have before mentioning wealth inequality and I was then told how I'm entitled, don't want to work for anything and expect things for free.
Many older people are very generous, especially when helping out younger members of their family, that's to be commended. However their voting patterns are causing younger people to need that help in the first place.
Best forget those who talk in extremis. Younger people do indeed have serious economic challenges. Anyone with an ounce of intelligence knows that.
Re: generational inequality
Quote:
Originally Posted by
Taunton Blue Genie
Best forget those who talk in extremis. Younger people do indeed have serious economic challenges. Anyone with an ounce of intelligence knows that.
I had to be at my mums today to deal with Virgin media, just a technical hitch, the lad who turned up was from Nepal I would suggest he was maybe 30 / 32 max, his grandfather was a Gurkha, he told me he had come here 10 years ago, has an older Brother and who came here just before him, he initially worked in McDonalds basically to help him with his English which was brilliant BTW, and which gave him the confidence to do what he's currently doing with VM, his older brother has a similar Job with BT we had a good chat whilst he sorted things out, I was cheeky enough to say that the WIFI equipment my mum has, is a few generations old he immediately agreed and changed that as well even though it wasn't on his job list, the only thing he asked from myself was that my mum being the account holder gave him a good rating in the feedback email and of course I assured him she would, I also work with a few lads around the 35 age, as well as a load of coffin dodgers and have to say their attitude is brilliant, not content with tossing it off in the office for x amount a year, they just want to be out on site earning x + y, They are always putting their hands up when the training courses are offered particularly to improve the CV and potential earning capability I like to think there is still plenty of opportunity for the younger generation but i would look beyond the everyone has to go to University, good trades people are like rocking horse shit and there is some good money to be made if you want it and without having to start your working career with a shit load of debt.
Re: generational inequality
Quote:
Originally Posted by
pipster
Maybe from the same source - I just did a bit of research
"Millennials and Gen Z face a cost of living crisis, not just from the impacts of inflation, but critically because of a long term shift on who and how the state taxes. This shift has happened over time, with rates rising by a greater magnitude for young people and low earners than for higher earners and people over the State Pension Age. Almost every generation has paid more in taxes, both direct and indirect, than those born in the previous decade did at the same age.
Recent debate within the Conservative party has focussed on the burden of tax in absolute terms, missing the nuanced discussion of where tax falls. Older generations have benefitted from lower tax rates throughout their lives and now benefit from low asset taxes. Conversely, younger people pay a much heavier burden of tax and are predicted to do so throughout their lives. Young professional graduates now pay a marginal rate of 52 per cent. The high-taxation problem is compounded by lower disposable incomes compared to Gen X, driven by housing costs and low wage growth.
Rt Hon Simon Clarke MP, former Secretary of State for Levelling Up and MP for Middlesbrough South and East Cleveland
To win not just the next election but those in the coming decades, we must offer more to younger generations. The principles of good work, home and family are Conservative ones. By prioritising reform in these areas the party can give younger people their own chance to get on in life. Rebalancing our economy in this way is imperative if we are to win their support, and in turn see future Conservative governments.
The party has always been at its strongest when it governs for the entire country, rather than chasing a narrow coalition of voters. As support amongst Millennial and Gen Z voters drifts further away, now is the time to reassess our approach.
This isn’t just important for the electoral future of the party, but for the growth and prosperity of the UK. Next Gen Tories has rightly identified that we must prioritise building more homes, supporting families and lowering taxes. The evidence is clear – and it calls us to action.
The average person born in 1956 will pay £940,000 in tax over the course of their life, but they are forecast to receive state benefits amounting to more than £1.2 million, a so-called welfare dividend of £291,000. When the balance of taxation is fair, each generation is happy to pay for others to benefit from the education that they received themselves, or for the health and social care that they too will rely upon in older age. This principle is put under pressure if poorer millennials are asked to pay in more and take out less than older generations.
In the next decade the question of how the Government raises tax will become more pressing. As the baby boomer population ages, the subsequent pressures on the public sector will necessitate increased spending in the absence of public service reform. Indeed, spending on health care and social security is set to rise by £24 billion by 2030 and by £63 billion by 2040.
Conservatives understand that the state has no money of its own, only taxpayers money, placing a responsibility on the state to raise taxes fairly. Funding an expansion of the state through redistribution of wealth from poor to rich goes against the Conservative principle of equality of opportunity. Rebalancing the tax system will reap significant rewards, giving younger people more disposable income to put either directly into the economy or to save for a deposit on a property.
This approach will create a more balanced economy, where younger people are able to get on in life under their own steam. As the public finances return to health in the coming years, the proceeds of growth must be targeted at working people first. When considering where these tax cuts fall, the Treasury must ensure these voters, who pay the most but receive the least, are at the forefront of their minds."
What was the population of the UK in 1956 and what is the population of the UK today? - probably easier to give a net gain in benefit when there is less people to give it to. Caveat the article - and the sentiment of the statement doesnt give a source to the data or even state where it has been verified. Im presuming it has been verified (which maybe incorrect)
Home , hard work , family....are conservative values ?
Arrogant tory twats
Feck off , owning such ideals
Re: generational inequality
Quote:
Originally Posted by
NinianOpinion1927
It's far harder to buy a house primarily due to immigration yet hard lefties like you won't ever admit it. You'll blame everything but immigration
Dame Shirley Porter and her type not relevant ?
She's a tory
Re: generational inequality
Quote:
Originally Posted by
SLUDGE FACTORY
Dame Shirley Porter and her type not relevant ?
She's a tory
She is also Jewish and moved to Israel in 1994 - so she ticks all your hate boxes.
Re: generational inequality
Quote:
Originally Posted by
Doucas
Young people have been screaming about this for a long time but voters who benefitted from this inequality don't give a toss.
Everything is more expensive, it's far harder to buy a house, we probably won't get a state pension, NHS may collapse, wages have stagnated for decades yet so many old people bury their heads in the sand and say 'we're just entitled'.
Please don't include me in that generalisation! I am a baby-boomer (through no fault of my own!) and I recognise that as a 77 year old, I am part of a "golden generation". I went to university, have never been out of work, have never been called-up into the military or fought in a war and am now retired with a State Pension and a modest private pension which I contributed into all my working life. I own my own house. I am reasonably fit and healthy. I don't drink or smoke (apart from my uni days nearly 60 years ago) when it was fashionable to do so.
I have never used the phrase "we're just entitled" to describe myself. My niece is a social worker and I understand from her that there is a section of society who use the former expression and who she classifies as "The Entitled" and this is definitely not confined to folks of an older disposition shall we say!
Re: generational inequality
Quote:
Originally Posted by
SLUDGE FACTORY
Home , hard work , family....are conservative values ?
Arrogant tory twats
Feck off , owning such ideals
Sup Bro ?, you seem even more angrier than usual at this time of year, is the recession so bad that the brown envelope jobs have dried up ? just asking for the taxman.