Can a nation in crisis rely on the baby boomer generation to step up? I think the UK is about to find out | Phillip Inman
The article discusses the potential for the UK government to target the wealth of the baby boomer generation to address the country's economic crisis. The author suggests that the Treasury is signaling a raid on property wealth and pensions, as the government is in desperate need of funds. The article notes that taxing the wealthy is a difficult move for any government, as the wealthy may choose to leave the country, as seen in Norway's case. However, the author points out that older, middle-income voters tend to vote based on their self-interest, and since baby boomers are the most active age group on polling day, this could spell disaster for the government. The article raises the question of whether a nation in crisis can rely on the baby boomer generation to step up and contribute to the solution, as their wealth and assets may be targeted by the government.
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