Why Are Younger People Against The Triple Lock

coluka said:
You do realise many boomers vote Labour, Liberal, Greens too don’t you. If you think people of a certain age vote tory because of their age, you are kidding yourself, its historical. Most people wer wedded to a party through life chance and opportunity. Older people are more likely to vote though I’d guess, as with age comes understanding. I think we might well experience a period of Labour being in power more as the generations move forward and others slip off the register. I was more against the older generation and thought I knew best, I learned through age and life experience that in my 20’s i knew feck all, my 30’s i began to realise about priorities and life planning, in my 40’s i was morphing into my father, at 50 i began to really understand the need for planning and wished I had listened more when i was younger.
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I'm sure they do but the opinion polls all show they vote terribly as a cohort for pretty much anything. That's obviously not all of them. The latest was for a bank holiday if we won the World Cup - over 65s voted against it despite the fact most of them don't even work! During Covid they were all for young working people to get back into the office. Like I said, it's not hard to see why young people feel resentful when they see stuff like that.
 
Do you realise what you are arguing about. This year due to inflation the pension rose £17 a week, or for millions on the lower pension it was around £13 , rises never seen before..
Years leading up to this it has been around £4 a week.
There are well off pensioners the same as there are well off working people. There are pensioners struggling to heat their homes and eat , and no doubt working people in the same mess.

In a time when companies and individuals are avoiding paying billions in taxes that could help this country we are having a row about some of the most vulnerable people in society getting £13 a week.
Nice one.
 
Uhtred said:
The vast majority of so called boomers, didn't go to college and uni on generous state grants, we left school on the Friday and started work on the Monday, we are a generation of grafters with a solid work ethic , paid into the system from the start ,and now deserve a little bit back
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40k debt minimum to get a degree which most decent jobs demand is hardly a generous state grant

If only it was possible now to walk out of school and get a job the next day
 
bertiesboro said:
If the TL continues to increase at it,s current rate and a small private pension added that would place your income into the tax system surely
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It does yes. Pensioner have the same tax rules as everyone.If your occ pension and state pension give you over £12,750 the majority will pay the 20% tax on it.
 
Blf said:
It does yes. Pensioner have the same tax rules as everyone.If your occ pension and state pension give you over £12,750 the majority will pay the 20% tax on it.
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They don't have the same rules. They don't pay National insurance.
 
The generations and how attitudes change

Silent generation - Your mum and dads
Baby Boomers - most of us on here
Gen X -
Millenials
Gen Z

At the fringe this year watching stand ups perform was more noticeable than ever before how much Zers resent boomers with regard to what life has brought them. Never seen it before. Certainly not as unsubtly.
 
If I was a Tory grandee reading this I would be wetting myself. Just what we wanted.
 
Uhtred said:
The vast majority of so called boomers, didn't go to college and uni on generous state grants, we left school on the Friday and started work on the Monday, we are a generation of grafters with a solid work ethic , paid into the system from the start ,and now deserve a little bit back
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OK boomer.
 
bertiesboro said:
If you have paid all of your stamp over the years and you get to 60 why should you still have to pay NI
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Because, as a cohort you have underpaid tax for years which is why the current generation are being asked to pay more to cover things like social care. Boomers have taken way more out of the system than they have contributed.

www.telegraph.co.uk

The system has worked for Boomers at every stage of their lives

If Tories do not wish to be seen as a party for older people, they must give the younger generation a break on housing and wages
www.telegraph.co.uk www.telegraph.co.uk

Every tax increase that is talked about is on income when we should be taxing wealth. Pensioners are almost the wealthiest generation, only beaten by those about to become pensioners but streets ahead of projections for the following generations.
 
Dybuk said:
Do I find it condescending that you don;t agree with young folk going out but get all uppity if the exact same thing is said about old folk - yeah I do. Ta
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I do not and never have objected about young people going you silly man everyone should be free to do so within affordability reasons naturally.
 
Uhtred said:
The vast majority of so called boomers, didn't go to college and uni on generous state grants, we left school on the Friday and started work on the Monday, we are a generation of grafters with a solid work ethic , paid into the system from the start ,and now deserve a little bit back
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Well said,I left school at 16 and went straight to work in the shipyard, worked all my life in heavy industry,I've paid my taxes,never went to uni or college,saved up for a mortgage and have lived within my meens.
I am 3 years away from retirement and have paid into my pension since I was 17, unfortunately alot of today's younger generation don't think to do that .

We deserve our state pension,so just get a life and stop being bitter and thinking only about yourselves.
 
coluka said:
I do not and never have objected about young people going you silly man everyone should be free to do so within affordability reasons naturally.
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Seriously? You silly man?
You come across as very bitter toward young people. You are claiming that the young are going out using 'grants and state loans'. You could say the same for people with a very generous final salaray pension are using their state pension for beer money.
As I said above, and have many times in the past, I'm very pro the tripple lock. But this hatred some in my generation have toward young people I find obnoxious. They have it a lot harder than we did we must fight for them as well.
 
Nano said:
I make this point whenever it comes up but if you take away the triple lock the pensioners of today don't really lose out. The loss comes from those that pick up their pension in 10, 20, 30+ years that miss out on decades of compounding.

However, the reason people are against it is that they are the only ones getting it and it's clearly a cynical vote grab to a cohort of voters who have already had every benefit possible and then voted to pull up the ladder behind them. They've already had cheap houses, massive house price rises, free university etc and then voted for those things being taken away but now they are the only ones being looked after.
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What a complete load of bollox - absolutely zero credibility for making sweeping (and false) generalisations. Typical self-entitled Gen x / Y / Z who want everything without earning it
 
For a start our pensions are a right for what we have paid into the system for a minimum of 50 years part of that it was supposed to be money put away for our pensions. Successive governments robbed our pension pot and didn’t put it back.
If you compound what we put into our pension pot
over the years we should be on around £26000 per year instead of £10600. it’s not a benefit it’s a right.
You try living on £10600 per year.
While I do feel for those who are younger and maybe won’t get a pension I have to say think about putting money into a pension for yourselves
Invest in housing if you can afford it don’t get caught out when you get older.
 
I’m exactly 6 months away from receiving my state pension. The way I see it, is I have worked all my working life from leaving school at the age of 16 until now.
I don’t really care about opinions, or the rights or wrongs; I think I’m just going to enjoy it when it arrives!
Life is too short to get worked up about what other people think about it.
 
Dybuk said:
Seriously? You silly man?
You come across as very bitter toward young people. You are claiming that the young are going out using 'grants and state loans'. You could say the same for people with a very generous final salaray pension are using their state pension for beer money.
As I said above, and have many times in the past, I'm very pro the tripple lock. But this hatred some in my generation have toward young people I find obnoxious. They have it a lot harder than we did we must fight for them as well.
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Yes you are misinterpreting so much. I have no problem with young people. You are the ageist one. I said grants and education should be free and for necessary daily living expenses how is that unfair to younger folk? Many take on jobs to fund social activities some a small few dont as testefied to by relatives at uni now and the recent past and then object to the debt they built up some of which was unwisely spent at the expense of a degree. It isnt the norm clearly. You are the angry one jumping onyour assumptions. G'day!
 
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