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Now that the elderly have voted out its time that they share some of the pain that they are inflicting on the young
Interesting take. Because "the elderly" haven't taken any hits, at all...?
https://www.theguardian.com/business/2016/jun/24/bank-of-england-markets-pound-shares-plummet-brexit-vote-carney
$2Tn off the markets - pensions are kicked in the balls
Really!
So what about the elderly that voted remain?
Do they get to keep theirs?
What a stupid comment
If the future was Remain that want to punish people for not agreeing with them let's be thankful they lost.
you do know that we all get old? 😆T1000 - Member
Now that the elderly have voted out its time that they share some of the pain that they are inflicting on the young
The elderly have been protected at the expense of other sectors of society
It's stupid not to consider that all should share the pain
but I thought it was all going to be awesome
@mikeyw that only affects people with pension funds they are looking to turn into annuities in the near future.
Not those drawing an income from their existing annuities. If you're a pensioner receiving £x a month a week ago you're still going to be receiving £x a month for the future.
If however you're retiring and need to cash your pension pot in for an annuity in the near future you're knackered...
it was more in the jovial nature of the thread...
but I thought it was all going to be awesome
It is! £350m a week for each pensioner. I'm sure that somebody must have said that.
$2Tn off the markets - pensions are kicked in the balls
That only affects people who have yet to retire in the private sector.
State pensioners or those with annuities are completely unaffected (although a devalued £ will affect their purchasing power).
The Triple Lock should compensate state pensioners though, so they don't suffer the consequences of their vote (yet).
Personally I think if they voted out, we should just cut their state pension entitlement
in half 😉
[quote=T1000 ]The elderly have been protected at the expense of other sectors of society
It's stupid not to consider that all should share the pain
I think this is th epoint
They got free education, they got massive house rises, they get "gold plated" pensions that they did not pay enough for because they get to live longer that they pass the cost on to the next generation
At some point those who have benefitted most and have lived better than we will and , what is worse, better than our kids have, need to join in with us in taking some pain
That said the real problems are rich folk/multinationals who avoid tax and poor folk targeting other poor folk is as daft as the working classes blaming immigrants for the fact [ global] capitalism shafts them.
Lets also remember why we are poor and its not really pensioners - though they have got the better deal and this generation got a deal the likes of which no one else will see - oh and they got to retire earlier too.
Now that the elderly have voted out its time that they share some of the pain that they are inflicting on the young
I'm 69 and voted remain - does that mean I should be penalised?
A vast number of us aren't on fancy pensions you know!
Do you think we will
1) get more than you
2) get less than you
In doing this do you think
1) we will pay more than you
2) pay less than you
Again lets not go after the wrong targets but lets at least accept the deal you go tis better than the deal anyone else got and the ones getting the worse deal are paying for yours
I'm 69 and voted remain - does that mean I should be penalised?
It's called collateral damage 😉
As George Osborne puts the finishing touches to his pre-election budget, to be delivered next Wednesday, the research from the Resolution Foundation, first published in the Guardian, found that pensioner households saw their incomes jump by almost 10% in real terms between 2007 and 2014. Working-age households suffered a 4% cut.
Granted, it's from the Guardian. Same article:
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I think George Osborne said before the vote that the triple lock would have to be reviewed, along with every other item of government spending.
If tax receipts go down, government spending will have to follow.
If we want to be attractive to foreign investors from beyond the eu, we will need to cut taxes.
If we get fewer predominantly young migrants coming to the country and paying NI contributions there will be less money to go round for the remaining aging population.
Suck it up.
Perhaps it's time to import some real leadership?
https://www.jonahryanforcongress.com/helpfullinks/
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Just been to the physio - the young girl on the reception had voted leave. Just been listening to LBC, lots of young people that voted leave have been on.
you do know that we all get old?
A little less likely than it was on Wednesday...
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While a lot of youngsters are blaming the older folk for voting leave I have just read on the BBC website that there was a poor turnout of 18-24s (only based on the fact the places with most 18-24 had the worst turnout,it is also statistics). So instead of the young blaming the old maybe they should be blaming their mates for not getting up off their arses.
It's called collateral damage
Thanks footflaps 🙂 I'm hardened to the young on STW thinking all their ills are because of pensioners 😉
Edit: some of the young
POint about the "free education" that the oldies were supposed to have: most left school at 16 to start work.
Only 5% or so had post-18 education paid for by the state.
I know lots of young to middle aged people who voted leave - in fact, of any over 60's I know, I've no idea which way they voted.
I'd say in the run up, maybe 1 in 5 people that I come across on a daily basis were actually remain.
Just been to the physio - the young girl on the reception had voted leave. Just been listening to LBC, lots of young people that voted leave have been on.
One swallow etc.
Thanks footflaps I'm hardened to the young on STW thinking all their ills are because of pensioners
On the plus side (for you), as the young don't bother voting as much as the old (at General Elections), they will continue to get shafted, so your triple lock is probably safe....
NB I'm middleaged, too young to be a baby boomer (missed the £1m house bought for £7.20 in the late 60s) and too old to be a millennial....
Ever thought that these pensioners might have a lot more experience than you and therefore might well have been able to make a better informed decision than you ?
they get "gold plated" pensions
Isn't the average "gold plated"public sector pension actually less than the means tested pension credit?
POint about the "free education" that the oldies were supposed to have: most left school at 16 to start work.
Only 5% or so had post-18 education paid for by the state.
+1 And that 5% includes nearly all the politicians involved in this debacle and who've been mismanaging the country for god knows how long.
Removing the tripple lock isn't punishment, just reality.
Ever thought that these pensioners might have a lot more experience than you and therefore might well have been able to make a better informed decision than you ?
A few 100 years ago yes, but in modern society no. Things change so fast culturally, technologically etc that the wisdom of age is no longer such an obvious advantage; it's more likely that they're just completely out of touch with the modern world, sat in a care home reading the Daily Mail convinced the whole of the country is swarming with immigrants / blacks / jews or whatever is the bogey man de-jour....
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Heading back to my oap care home on Thursday prior to voting 😀
[url= https://c6.staticflickr.com/8/7599/27221217165_243f3a3fc6_k.jp g" target="_blank">https://c6.staticflickr.com/8/7599/27221217165_243f3a3fc6_k.jp g"/> [/img][/url]
Here I am on top of the Howgill Fells 4 weeks ago.
Just saying we aren't all in care homes reading the Daily Mail etc 😉
Heading back to my oap care home on Thursday prior to voting
I hope you had a copy of the Daily Mail with you.....
How dare you say that footflaps - Daily Telegraph if you please.
generation snowflake - its all about blame and their view is more important than anyone else's
How dare you say that footflaps - Daily Telegraph if you please.
Almost as bad, just with longer words 🙂
Although my parents tell me the gardening section is very good....
did you forget your bike in the first pic? It looks all alone
**** the young. They've time to save for their pensions, but they'll do sod all and sue someone in 50 years time when they can't afford to retire.
Why do these ****less wastrels feel they're owed everything.
The old have paid their dues, time to pay them what's owed
Thier dues means that they have not paid enough to cover the payments due to them and then passed this bill on to people who will have to pay more in their pensions than they did, get less back and then work longer.
did you forget your bike in the first pic? It looks all alone
All my biking friends are working & paying for my pension! 😉
They've time to save for their pensions, but they'll do sod all and sue someone in 50 years time when they can't afford to retire.
With what spare money? They'll graduate over £50k in debt, get a job paying maybe £1200/month, have to rent a flat at £1000 a month, and need a £50k deposit for a 1 bedroom flat costing £500k?
I had free University education, graduated owing about £250, got a well paying graduate training job, bought a 3 bed house in central Cambridge for 3x my salary with a modest deposit (easily saved in a few years). All done working a 37.5 hour week with no help from parents etc.
The promises a generation makes to itself aren't legitimate obligations for future generations. There should never be an inter-generational transfer of wealth from the young to the old. We're supposed to leave a legacy for our kids, not a debt. If the boomers just voted away their triple lock then good. That's still not even close to what they've inflicted on those still in work.
FYI
Housewives have just had their pensions taken away entirely
Thanks
[url= http://www.telegraph.co.uk/news/2016/06/22/tens-of-thousands-of-housewives-to-receive-letters-warning-they/ ]Linky[/url]
@penine top post, we need more bikes
OP what a foul thread you've started, how proud you must be. Without those elders we wouldn't have existed nor have gotten to grow up in the 5th richest country in the world. Perhaps you might like to think that they carry some wisdom. My parents who are lifelong Labour supporters voted Leave as they voted for a Common Market in 1975 and got something very different. I suspect a great deal of people did the same.
I am pleased to say that my parents and other older generation relatives voted to remain.
They are also not ignorant, socially conservative bigots.
There may not be a connection.
They are all angry about the leave result.