A mate posted this:
If it happens tomorrow, Brexit really would be the final piss on the face from the British baby boomers to every other generation to come.
They have:
Received the lions share of the benefit from the largest asset revaluation and therefore wealth transfer in history (property);
Received the lavish spending of the newly formed welfare state before governments caught up to its cost;
Had a working life that spanned across the period of the fastest western hemispherical economic growth in history;
Distributed one-off incomes such as North Sea oil to themselves rather than build up national surplusses;
Retired before the state pension age has been increased with their life expectency; and then
Legislated that they should receive guaranteed defined benefit pensions, i.e. placed full economic risk on other generations throughout their 20-30 year retirement
And in spite of all that, left public finances in a far weaker situation than they started it.
It is probably fitting that they now seek to carry us kicking and screaming out of the EU, out of the single market, out of the resulting international trade agreements that generate wealth for the country to pay for the obligations to themselves that they have created and we (everyone else) still honour, all because of some vague concept of "sovereignity" and a distaste for immigrants that flies in the face of a five minute economic analysis.
I would urge you to remind any baby boomers that you know that their blessings have been their childrens curse. The pot is not even empty, it's full of IOUs with their kids names on them to pay for second houses whilst their kids are renting flats in zone 5. We can only refill our pot by generating wealth. Our best method of generating wealth is international trade. Do not disturb it.