Author Archives: Dale Bassett

The Independent View: Broke Britain, not Broken Britain – have banks and the Government swindled the next generation?

By Dale Bassett | Wed 22nd October 2008 - 12:20 pm

Banks are jeopardising the prospects of the next generation, discouraging financial responsibility and leaving young people facing the sharp end of the credit crunch. With the Government, they have created a “gilded generation” of pampered and over-protected young people, mired in debt and unable to understand their finances.

The liberal free-market think-tank Reform’s new report, written in conjunction with the Chartered Insurance Institute and published this week, finds that the “IPOD generation” of 18-34 year olds – whom we have described as Insecure, Pressurised, Over-taxed and Debt-ridden – have been failed by the “financial establishment”.

Young people have grown up in …

Continue reading »
Posted in Op-eds and The Independent View | Tagged | 4 Comments
Advert

Recent Comments

  • David Evans
    Let's be honest here. The whole thing is a political carve up, by an instinctively centralising and authoritarian Labour party, emboldened by a huge parliament...
  • George Thomas
    Perhaps my most illiberal "opinion" is that automatic freedom of movement for immigrants is possibly a bad thing*. I remember speaking with a recent refugee who...
  • Chloe
    'underlying emotions are fear, resentment and inadequacy relating to their own lives' Are you saying the residents of Crowborough or Bicester who've protested ...
  • Andy Daer
    We're talking about two different things here. The reasons our potential workforce doesn't fit with what the economy and society require are one thing, and the ...
  • David Raw
    Nigel Lindsay raises some substantial questions about local democracy and accountability. I hope the parliamentary party will take the matter up as a matter of ...