[ianch99]

Originally Posted by Sephiroth

Apart from your ‘baby boomer’ remark, I largely agree with you. On the matter of baby boomer, Sajid Javid used the term extensively much along your lines, wanting to take from them to level matters out for the equally insulting term ‘millenials’ and later. To categorise people in this insulting way -people- is to be deplored.

The so-called ‘baby boomers’ did not have advantages. They worked to and responded to normal market conditions.

Those market conditions changed round a bout the time of Maastricht - I do see a connection. Economics changed, dependencies changed, employer behaviour changed, population influx eventually stretched the housing market and screwed the NHS much of that at a time when there was a global financial crisis and austerity.

Then throw Brexit into the mix, a decision taken by the population in the light of the above. The system actually broke, possibly irrevocably, when politicians went rogue and declared themselves as individuals who knew better than the people. That is unforgivable and it needs a clear out. As I said, a single transferable vote would be best - PR brings chaos through coalition and the associated political jostling.

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We disagree. Here a Telegraph article making the points I make:

https://www.telegraph.co.uk/finance/...an-beings.html

The facts speak for themselves. More than 80pc of the nation's £6.7trn in wealth is owned by baby boomers (those born between 1946 and 1964). Collectively, the country owns £2.6trn in shares and savings – and those aged 50 to 64 own £1trn of this. A third of the £1.8trn held in pension funds is owned by this age group (and a further quarter is owned by those aged between 45 and 50). And they own 40pc of the £2.5trn tied up in property. In fact, property has been such a staggeringly good investment for this generation that one in five baby boomers owns a second home.

As Will Hutton of the Work Foundation – and a baby boomer himself – pointed out: "Having enjoyed a life of free love, free school meals, free universities, defined benefit pensions, mainly full employment and a 40-year-long housing boom, [the baby boomers] are bequeathing their children sky-high house prices, debts and shrivelled pensions. A 60 year-old today is a very privileged and lucky human being."

These are the facts. You may not like to hear them but there are what they are ..