KayM
I was much struck by a political analyst who said the other day on Radio 4 that so far no political party has been brave enough to " tell the truth" about the economy. The truth is that the UK , and Europe generally, are in long term economic decline, not through lack of effort, but by comparison with the countries on The Pacific Rim. We cannot compete in terms of costs, because our costs are inevitably so much higher than theirs. So successive governments are basically rearranging the deckchairs. There are no lifeboats. For the first time in over 100 years the next generation will be less well off than we were. And it depresses people. They look for someone to blame. We are STILL a rich nation by world and historical standards, but decline since about the 60s, or 70s, has been steady. The sell off of social housing, far from creating a more self confident and independent nation as Thatcher expected, has been a disaster.
To be fair, whilst I’m not disagreeing, political analysts, much like scientists, do have differing views, even using the same data.
Our elder DS and my step-daughter, are considerably better off than my husband and I were in our forties. Bigger nicer houses, nicer locations. They do however, have much smaller families, one child in one family and two cats and a dog in the other family.
Not only do they have “better” properties, both families holiday abroad at least twice a year, and eat out fairly regularly.
We are happy for them.
DD1 (our first joint child) is about to move into a very nice three bedroomed semi, with a nice large garden, it’s a fair cry from my first property, DD and DiL are in their late twenties.
So not all of the next generation are going to be co worse off than this generation.