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Old 03-08-2019, 18:01   #1053
Hugh
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Re: [Update 2] PM Boris forms a government

Benefits people born post ‘64 have, that we "baby boomers" didn’t have when we were your age.

Vastly improved access to Higher Education (50% vs <10%)
Better Healthcare - people bitch about waiting times, but the range of services, medication, and operations available would have been unimaginable in the 50s and 60s
Reasonable mortgage rates (I still shudder thinking about when my first mortgage, in the mid-80s, went up from 9% to 15%)
Access to technology and media that were Science Fiction when we were growing up
Reasonably cheap travel to countries, near and far
No 3 day weeks or rolling power cuts
Low unemployment rates (not the 10-12% peaks in the 80’s and 90s)
Not worrying about the constant likelihood of thermonuclear war

A thing about Final Salary pensions - not all companies offered these, even in the 70s and 80s; small/medium companies often didn’t offer pension schemes, usually only the large Corporates/Government/Local Government did. I have 8 pensions, 4 Final Salary, 4 Contribution based - my 4 Contribution based are from jobs in the 80s, 90s, and 00s, whilst the Final Salary ones are from the 70s (RAF, a whole £1400 pa), and the others are from the 00s and 10s, so those schemes were available to people born after the ‘baby boom’.

Not every "baby boomer" has gold-plated pensions, just like not every millennial eats crushed avocados on toast or can’t afford a mortgage.

Whilst I agree about the house prices point (pointing out that 80% don’t have second homes), remember when we shuffle off this mortal coil, our kids will inherit this...
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Last edited by Hugh; 03-08-2019 at 20:05.
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