More facts in regards to how the next generations will be worst off then the current generations due to the bad economic crises and the lack of jobs within Britian. As well as the high pricing of housing etc
- Current generation of children will have a lower standard of living than their parents, as concern about the economic crisis hardens into long-term pessimism, a new poll shows.
- Some 64% of those questioned believed it was unlikely that today’s youth would have a better life than their parents, while just 32% thought it was likely. When asked whether their children would have a higher or lower quality of life when they reached their age, just 23% said they believed it would be higher, while 35% said it would be lower, with 32% saying it would be about the same.
“The central economic issue is how to stimulate productive investment when public finances are constrained. I focus on three economic priorities. The need for financial reform, for example through a British Investment Bank. The need to promote better workplaces that engage employees… And the need to use public sector power… as a coherent driver of the private sector investment equation.”