Tuesday, June 15, 2010

Did the over-45s ruin life for the rest of us? - BBC News - 29 March 2010

By Neil Boorman

The richest, most powerful generation that ever lived is embarking on a comfortable retirement. But why does it feel like they've pulled up the ladder with them?

The demographic model of the UK population looks like the side profile of a middle-aged man stuffed into a pair of drainpipe jeans - scrawny at the top and the bottom, with a muffin top in the middle. The skinny chest is the "Silent Generation", born before 1946.

The weedy legs at the bottom are Generations X and Y, the people born after 1964. And the bloated tum and bum in the middle represents the baby boomers, the population explosion that began after World War II.

Baby boomers don't dominate the country in size alone; living through various employment and house price booms, they are the richest and most powerful generation that ever lived.

Source - http://news.bbc.co.uk/2/hi/uk_news/magazine/8593210.stm

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