Reply to: Budget unfairness on the young

[stek]

I'm just so very very weary of it all. Hoping another good year or two of contracting might help. Never thought I was asking for too much. A driveway to park and wash the car, a secure garden for my kids to play in, and enough space to not feel like my next door neighbour can hear me taking a tulip...

I really think after the kids are sorted I'll cash my lot in and do 'something' to help other people, no idea where or when, I'm 54 and all I can see are profit motives and pension plans and ISA's and 'the bottom line'

I'm no bleeding heart, the beggars in Leeds City Centre can fooook off, they'll get nowt off me, sponging gets, they have all the opportunities in the world to help themselves. But some don't, and those in that trough need real help, not just money, but empathy and hope.

I'm as guilty, when did I turn into this hapless loon? Probably Special Brew to be fair....

Seriously though, is it so easy to turn ones back? It is, we all do it, but for how long?

[PurpleGorilla]

Budget unfairness on the young

I'm just so very very weary of it all. Hoping another good year or two of contracting might help. Never thought I was asking for too much. A driveway to park and wash the car, a secure garden for my kids to play in, and enough space to not feel like my next door neighbour can hear me taking a tulip...

[stek]

Socialist Stek. Wish he'd lead the country with proper values and maybe, just maybe we'd not be still fooooking each other over for a percentage.

[Zero Liability]

Don't give a FMC tulip what it's called, I know it has created unbelievable wealth inequality which is inexcusable.

So the young are the unwitting fools poured into the grinder for the benefit of the boomers and the plutocrats, and they deserve all they get because the don't stand up for themselves and show apathy in elections and politics in general. What has the nation become if it believes in that? There is no such thing as society... Fricken witch.

I don't think they deserve to be bound by the debts created by older generations, no. However, to the extent that they actively support the same system that enabled these and will continue to create them, they become complicit in it. I also think correctly identifying the economic system as what it is is important, as otherwise more "cures" that are worse than the problem will be proscribed to solve it. Calling a system where the government blatantly rents out its services to the highest bidder, and intervenes on their behalf, "free market capitalism", is just inaccurate. And it is a shame some advocates of the market have allowed this semantic blurring to go on unhindered.

It's a kind of myopia - to expect the same system of government, which passed these debts onto them, to shirk them off and create "debt free money" () to fulfil their fantasies, as if they've discovered insights that eluded the alchemists. Maybe they should spend some time in Argentina or Venezuela, and see how much these demagogues really care about "the people" when push comes to shove. Then you get useful idiots like Piketty who are manifestly unable to identify the cause of the current wealth inequality, and just try to ride the wave of sensationalism this phenomenon has caused.

[AtW]

So the young are the unwitting fools poured into the grinder for the benefit of the boomers and the plutocrats, and they deserve all they get because the don't stand up for themselves and show apathy in elections and politics in general. What has the nation become if it believes in that? There is no such thing as society... Fricken witch.

Don't be a victim, be a plutocrat...

HTH

MarillionFun

[PurpleGorilla]

You agree but still refer to it as FMC? I tend to refer to it as corporatism/cronyism or better yet, corporate cronyism. What the governments around the world have become very good at is taking their pet projects, giving them a nominally "capitalist" appearance (e.g. ensuring the organisation has shareholders, operates - nominally - on profit and loss, whilst enjoying lavish subsidies and regulatory protections etc; good examples are the GSEs in the US), and then sweeping in to the rescue when the inevitable bust comes.

Don't give a FMC tulip what it's called, I know it has created unbelievable wealth inequality which is inexcusable.

So the young are the unwitting fools poured into the grinder for the benefit of the boomers and the plutocrats, and they deserve all they get because the don't stand up for themselves and show apathy in elections and politics in general. What has the nation become if it believes in that? There is no such thing as society... Fricken witch.

[Zero Liability]

You agree but still refer to it as FMC? I tend to refer to it as corporatism/cronyism or better yet, corporate cronyism. What the governments around the world have become very good at is taking their pet projects, giving them a nominally "capitalist" appearance (e.g. ensuring the organisation has shareholders, operates - nominally - on profit and loss, whilst enjoying lavish subsidies and regulatory protections etc; good examples are the GSEs in the US), and then sweeping in to the rescue when the inevitable bust comes.

As long as the young fail to gain a clearer appreciation of how the system works, and expect the taxpayer to continue underwriting their debt and providing them with a silver platter, it won't change, and they are part of the problem. This generation may be one of the most academically educated ever, but I'd find it hard to consider it one of the most intelligent, wise or courageous to ever live... The words "idiot savants" comes to mind.

[PurpleGorilla]

Most people are so shafted they refer to this system as "free market capitalism", when it is nothing of the sort. It is rigged by the political class...

I agree, but FMC, and the loss of the US gold standard is why there has been this mega bubble. Absolutely it has been driven by the greed of the few.

http://www.theguardian.com/business/...it-switzerland

It will pop. I have no doubt. Might take 5 more years, but it will pop. [emoji2]

[Zero Liability]

I appreciate the honesty. I really do. Many boomers just don't understand how demoralising it is for the young in the UK today. Quite how much of an up hill struggle it is, and how shafted they have been at the expense of BTL and Free Market Capitalism.

As for going abroad. I read you 5:5. Sadly the same situation exists in many other countries; so need to be careful which to go for. I do like the look of Benelux, and Scandinavia.

Most people are so shafted they refer to this system as "free market capitalism", when it is nothing of the sort. It is rigged by the political class, through and through.

Bottom line is that the young don't vote in sufficiently large numbers for politicians to care.

Perhaps there is a reason in making everybody vote in General Election, at least this way it would be harder for politicians to shaft particular groups that happen not to vote as much as some other group.

If they did vote, I fear it'd be even worse.

[AtW]

But young people are young, they got whole life ahead of them, that's totally unfair to middle age crisis men!!!

[PurpleGorilla]

It's the Guardian, why would I waste my time reading that utter leftist bilge?

Look young people, us silver foxes took all the money and all the lovely big spacious houses with land in the best areas. It's been great and we're fooking loaded.

You spotty faced youngsters have two choices:

A. Stay in Britain, compete with 600K new immigrants per year for housing, NHS, schools etc. Pay off the national debt. Enjoy.
B. Piss off somewhere like Australia, New Zealand, Singapore, Canada etc and start afresh.

I appreciate the honesty. I really do. Many boomers just don't understand how demoralising it is for the young in the UK today. Quite how much of an up hill struggle it is, and how shafted they have been at the expense of BTL and Free Market Capitalism.

As for going abroad. I read you 5:5. Sadly the same situation exists in many other countries; so need to be careful which to go for. I do like the look of Benelux, and Scandinavia.

[AtW]

To some extent I agree with that. But I think lots of young folk are so busy moving around rentals they find it hard to register. And the whole uni auto reg has been scrapped. LD were supposed to stand up for students. I agree with Nick! [emoji102]

Bottom line is that the young don't vote in sufficiently large numbers for politicians to care.

Perhaps there is a reason in making everybody vote in General Election, at least this way it would be harder for politicians to shaft particular groups that happen not to vote as much as some other group.

[PurpleGorilla]

It's their own fault.

If the young (voters) were organized and at least 90% of them voted, then politicians would have done their best to bribe them. Guess they'll learn when they become pensioners...

To some extent I agree with that. But I think lots of young folk are so busy moving around rentals they find it hard to register. And the whole uni auto reg has been scrapped. LD were supposed to stand up for students. I agree with Nick! [emoji102]

[Zero Liability]

Judging by the dimwitted life forms who support OWS, and the fact that some 50% of students support Labour or the Greens, or worse, I.e parties that helped create decaying welfare states propped up by the very debt draining the economic vitality of the young, to say my sympathy is limited would be an understatement, and I am quite young myself. There's no fresh ideas, other than rehashed economic fallacies, and no understanding of the problem, thus the disjointed attacks against the banks which subsidise their debt, as if the problem isn't deeper.

[AtW]

Quite a balanced piece in the guardian highlighting the disproportionate hit on young people in the budget. But also highlighting that not all boomers/pensioners are wealthy and there needs to be consideration of both.

It's their own fault.

If the young (voters) were organized and at least 90% of them voted, then politicians would have done their best to bribe them. Guess they'll learn when they become pensioners...