Older voters are richer than ever, yet still their needs rule
by Phillip Inman from on (#4W8FF)
A majority of pensioner households will be open to Tory tax-break promises. Why did Labour not counter this with a reliable social care plan?
Patterns make for ugly pictures in modern British elections. Chief among them is the dominance of older voters. Ever since the loud and justified yell of anguish over Gordon Brown's infamous 75p rise in the state pension, older voters have harried successive governments to improve their incomes and protect their wealth.
Brown's mistake was made in his budget of April 2000 and from that date onwards, prime ministers have tampered with pensioners' livings standards at their peril.
Those aged 55 to 65 are even wealthier. Just over 30% are asset millionaires, while 53% are worth more than 500,000
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