Gavin Maclure's Musings

My take on politics locally, nationally and internationally

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The OAP is extinct

From the Archive: The OAP - Extinct

From the Archive: The OAP – Extinct

The OAP, also known as the old age pensioner, seen hobbling along to the post office to pick up her pension (most were female although this had no bearing on the rate of decline) are extinct. But unlike the dodo, the UK Government has kept DNA samples aside to re-introduce the OAP into the wild again in about 30 years time.

During the next three decades, the OAP will be superseded by its very distant cousin, the baby boomer. Hardly unrecognisable from the OAP, bar the silver hair and wrinkles, the baby boomer does not hobble but stands upright – and skis. The baby boomer is so known because they were born during the post-war years high birth rate of the late 1940s to early 1950s.

The OAP was known to rely on scavenging for their state pension at the local post office whereas the baby boomer has multiple pension pots delivering a very healthy annuity, wired electronically to their Premier Bank Account.

"Let's go spend that winter fuel allowance, love!"

“Let’s go spend that winter fuel allowance, love!”

The baby boomer unlike the OAP is also the first over 60 year old species in history to be wealthier than their grown children. Previously the OAP was poorer than their children but richer than their parents.

This economic phenomenon, theorised for sometime was today proven by the UK Office for National Statistics, which showed retired baby boomers living on pensions are wealthier than their children living on a working wage.

After adjusting for inflation, the income of retired households was on average £7,100 in 1977, while working households found themselves taking him £12,600 after taxes.
By 2011/12, the income of retired households had grown 2.7 times to £19,300, while the income of non-retired households doubled from its 1977 level to £25,700.

Economists are not surprised by this. Tony Blair’s Government saw the baby boomers enter power and they made darn sure they were set up for life (at the expense of their children). Sociologists link this selfishness to the liberalisation of the 1960s. Baby boomers gave themselves winter fuel allowances to pay for their bar bill in Marbella, they gave themselves free bus passes so they didn’t have to be burdened by the cost of fuel, instead ensuring their working children reliant on their cars to commute to work picked up the tab – twice (fuel duty increases and paying for mum and dad’s bus pass). Then they stored up a nice little earner for when they will be a third (if that) of the way through their retirement: free TV licences! Yippee. Paid for by their children of course.

The baby boomer felt they wanted more of the country’s wealth though. So because of Government policies in the Labour years between 1997 – 2010, house building was drastically reduced so the price of baby boomer property would rocket. It became a fun pastime for the baby boomer to sit watching the numbers whizz round on the value of their home. Meanwhile, their children couldn’t afford to buy as a result of a major lack of supply.

Then the baby boomers in Government thought wouldn’t it be nice if we could get a cheap gardener and cleaner from Eastern Europe to look after our five bedroom house in suburbia. So the baby boomers opened the doors to mass immigration from the EU. The baby boomers got their cheap domestic labour, whereas their children couldn’t get a job.

It is believed the baby boomer will live for around another forty years. Then like the dinosaurs they will be wiped out and the OAP will, thanks to the Government policies when the baby boomers were in power, re-establish itself back in the wild. A new record will then be broken when the OAP 2.0 will be poorer than their parents were thirty years before.

Wake up Generation X!

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Coalition Government deems all parents unfit to feed their kids

All infants between 5 and 7 will now get free school meals

All infants between 5 and 7 will now get free school meals at a cost of £600m to the taxpayer

Yes, that’s right, Nanny has determined every parent in the country can no longer be trusted to feed little Johnny so the State will just have to do it herself. Oh, but you’re paying for it. If you pay taxes that is.

So we now have, thanks to Matron Clegg, the perverse policy of providing free meals to the sons and daughters of millionaires paid for out of the taxes of a 16 year-old earning the minimum wage stacking shelves at Tesco’s. That just about sums up this Coalition Conservative-Lib Dem Government doesn’t it? We’re on the side of hardworking people. Give me a break. You are taxing us until the pips squeak (hat-tip Denis Healy)! The deficit is already £120bn – it’s just about to get larger which will mean more higher taxes in the future to pay it off. Cheers Nick and Dave!

We now have a situation where people who decided to have children – no one forced them – are now receiving MORE money from taxpayers who do not have children. These same taxpayers are likely to be children of the baby boomer generation: they cannot afford to have children as they are taxed to the hilt in professional jobs which thirty years ago would have paid a handsome wage but now just about get the person from one end of the month to the other. And then we have the baby boomers themselves who have done very well – thank you – from being born at the right time in the right place and are sitting pretty on gold plated final salary pension schemes. But let’s not forget these same gold plated pensions are topped up with the taxes of their children who are compelled by law to pay their heating, TV licences and public transport costs.

I think I am entitled to be a little peeved…


UPDATE (1): The Lib Dem Deputy Leader is against free school meals for those who can afford them:

UPDATE (2): Boris has spoken – he’s against free school dinners where parents can afford them. The London Mayor told Guido: “I tell you, it would be very easy to say, I think.. I think that it’s real you know errr I, what I think is there should be compulsion to eat the school meal, but I am in no means against getting parents who can pay for to pay for it.” Hat-tip to Guido.