Why did the baby-boomer generation in the UK decide to enrich themselves at the expense of their children?
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11-19-2012, 02:45 AM
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Why did the baby-boomer generation in the UK decide to enrich themselves at the expense of their children?
Why did they decide to purchase buy-to-let properties, thus pushing up the price of housing to ridiculous levels, ensuring that their children could never afford to buy property? Why did they decide to have final salary pension schemes for themselves, but defined contribution schemes for their children, thus subjecting their children's pensions to the vagaries of the stock market whilst enjoying a lavish retirement to be paid for by their children (baby boomer's pensions are on average a shocking 108% higher than their contributions)? Why did they decide to have free university education for themselves, but subject their children to crippling levels of debt in order to gain a degree?
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Why did the baby-boomer generation in the UK decide to enrich themselves at the expense of their children? - John - 11-19-2012 02:45 AM
[] - casually defiant - 11-19-2012, 02:53 AM
[] - justchillin - 11-19-2012, 02:53 AM
[] - Lennon Franklin - 11-19-2012, 02:53 AM
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