Article preview: Post-war baby boomers were once labelled the ‘selfish generation’. With boomers benefiting through the years from free education, rising property prices, booming investment markets, and gold-plated final salary pensions, it’s perhaps a reasonable accusation to make. But new data has challenged the long-held assumption that members of the baby boomer generation get an unfair share of benefits in society, relative to younger people. According to the Office for National Statistics, younger people tended to receive higher state benefits than older people did when they were young.
Did we get it all wrong about baby boomers?
This 695-word blog post considers new data from the Office for National Statistics, raising questions about the true extent of intergenerational wealth unfairness. It also reflects on new research from Saga which found more than two-thirds of its members feel their generation is unfairly criticised for having a disproportionate share of society’s advantages. Written on 23rd August 2019.
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