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WE ARE THE BABY BOOMERS

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We are the Baby Boomers

Born after the war

In 1950 I was foetal

Then I grew up with The Beatles;

Our watchword’s always “Mustn’t Grumble”

Snowflakes we abhor

They’re owed a living they assume

They bleat about their stress and gloom

I wouldn’t give them elbow room

But show them out the door.

 

We are the Baby Boomers

Nearly now old gits

Jobs were plenty; we got hired

Now we’re mostly all retired;

Jobs for life not hard to come by

Steelworks or the pits

It’s scarcely fair for me to mention

But I draw to your attention

All of us have got our pension

Lucky, lucky gits.

 

We are the Baby Boomers

Past our sell-by date

We were born throughout the 50’s

Now we’re pushing through our 60’s

If you youngsters want a pension

You will have to wait;

I’ll tell you what you’ll need to do

You’ll have to work till 82

(That’s if there’s some left for you!)

God Bless the Welfare State.

🌷(3)

◄ MILEPOSTS

WE ARE MILLENNIAL SNOWFLAKES ►

Comments

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John Coopey

Sun 26th Jan 2020 18:10

I agree with you, MC. The point I was making is that pensions funding is generational. NI contributions from the working, fund the pensions of the retired. The proof of this is that when pensions were introduced in 1909 they were paid with immediate effect. Recipients had never paid pensions contributions during their working lives. The working population paid for them.
My follow-up on the Ovaltineys theme will be “We Are Millennial Snowflakes”.
Thankyou for the “Likes”, Tom, Brian and Itsjustme.

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M.C. Newberry

Sun 26th Jan 2020 16:54

A working life spent paying the financial income demands required by government in various forms amounts to "contributing"...past, present
and future...in the wider sense. It is for government to decide how to
administer these "fees for working" - but anything that achieves a balance between what is taken and what is paid out is the most desirable outcome. Living longer is not necessarily a drain, as can
be seen from those in later years who are often working on as a
matter of choice, not because they are required to do so. Indeed,
older workers are increasingly valued for their self-reliance, self-confidence and pride in what they do....even when we see the march
of the machine taking over various occupations that previously kept
certain lives in employment. Again, the trick is keeping the balance.
Don't governments have a department devoted to employment? As for ongoing
contributions, the last time I looked i was
being taxed on my pension - so that is
part of the continuiing fund towards
keeping the balance. At least - I like to think so!

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John Coopey

Sat 25th Jan 2020 19:32

ThanksMC. The “contribution” only determines how much you get. It does not fund it. Our contributions funded pensioners before us. Just as what we receive as pension is funded by those currently in work.
And occupational schemes like we enjoyed are no longer what they were.
With the workforce getting smaller, the best solution to the problem is for us to die earlier.

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M.C. Newberry

Sat 25th Jan 2020 17:39

Ah - how the melody takes me back...a nice change when everything
seems to be hurtling forward! This is fun - with the added "relish"
of realism to flavour its taste.
Remember, remember the age-wise solution
It all comes down to "contribution"!

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John Coopey

Sat 25th Jan 2020 09:06

There’s no question, Brian, that we certainly won the Generation Game jackpot.

<Deleted User> (18980)

Fri 24th Jan 2020 22:51

That's it John...rub it in. They don't like it up 'em!

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