IPODS - insecure, pressured, over-taxed and debt-ridden

[wendigo100]

IPODS - hmmm. I don't suppose Apple will be too pleased about that acronym.

Perhaps they'd prefer APPLES - Anxious Penniless People Lacking Education and Skills.

[oraclesmith]

IPODS - hmmm. I don't suppose Apple will be too pleased about that acronym.

[ratewhore]

Anyone over 35 is OK though - apparently...

[Andyw]

More single parents !!!

[Lucifer Box]

Excellent idea, DP. Let's get John Reid on the case. I would venture to say without a period of consultation.

[DimPrawn]

Yes lots more. Perhaps the British Army could force people at gunpoint to flee their own countries and channel them into Britain at a faster rate.

Just an idea.

[Lucifer Box]

What we need is more immigration.

[DimPrawn]

Young people could face a massive squeeze on their finances in the next few years, according to a report from the political think tank Reform.
Taxes, repayment of student debt and compulsory pension contributions may produce an effective tax rate of 48% for some of them, the report says.

The survey suggested two-thirds of voters think young people are having a harder time than their parents.

The report calls them IPODS - insecure, pressured, over-taxed and debt-ridden.

"Young people are under increasing pressure from rising debt, low earnings growth and low savings and face extreme difficulty in entering the housing market," said Professor Nick Bosanquet of Imperial College London, one of the report's authors.

Perhaps they'll think next time there is a general election.