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The old get richer, and the young get poorer

Publié par Clifford Armion le 26/06/2012

Oliver Wright

Britain's growing army of pensioners is getting a better deal from the state than at any time in the past 15 years while the young bear the brunt of the recession.
Research published today by the Institute for Fiscal Studies (IFS) reveals that the wealth of the elderly has grown faster than that of any other age group, while the amount they pay in tax has progressively fallen.
A separate study, also released today, suggests that, over a range of indicators, the young have lost out compared with older generations since the financial crisis of 2008.
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Pour citer cette ressource :

"The old get richer, and the young get poorer", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2012. Consulté le 28/09/2020. URL: http://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/the-old-get-richer-and-the-young-get-poorer