Book description
A call to arms, a chance for those born in the 70s and 80s to respond
to the chaos. We can not stop the debt bomb but we can remove the Boomer
politicians from office. There will be a general election in May. This
is our opportunity to kick them out of power.
This is a terrible time to be young. Graduates are joining the dole
queue as soon as they leave university, while their parents retire on
cosy nest eggs. First time buyers are struggling to pay off mortgages on
shoe boxes as their folks buy second homes abroad. Young families are
struggling to provide the basics as their grandparents embark on another cruise.
Every baby in the UK is born owing £22,500, a share of the £1. 4
trillion credit crunch bail out. The average student graduates £20,000
in debt. The prospect of paying off that debt and saving for a deposit
for a one bedroom flat is remote, and it is all the fault of our
parents. Anyone under the age of 35 is living in the shadow of the Baby
Boomer Generation who grew up in an era of rapidly growing prosperity,
drew wages from jobs for life, got their education for free, and bought
multiple cars and TVs that they didn't need.
The enormous financial debt we've been handed comes from both their
megalomania of overspending and their reckless economic and political
decision-making. And it is going to get worse. There are roughly 900
days left until the Boomer time bomb goes off and they reach retirement,
cease to pay taxes and start drawing pensions.
We have one chance to create change, and this is it. Neil Boorman is a
writer and campaigner living in London. He is best known for his book
'Bonfire of The Brands', in which he destroyed the branded contents of
his life. The book has been translated into 12 languages. A former
columnist at The Guardian, Neil has since written and produced campaigns
on behalf of Amnesty International, Adbusters, Fairtrade Foundation,
World AIDS Day and International Women's Day.
