Baby boomers hit in the budget
It’s not often I’ll say this but I have to say I admire George Osborne’s guts in taking on the baby boomers. Freezing their tax allowance and effectively ending the age related allowance is a very “brave and courageous” decision.
Of course the baby boomer and grey vote are already gearing up for a fight and #grannytax was almost immediately trending on twitter.
“When ah were a lad”, they used to say you couldn’t take on the miners and expect to survive through to the next election. These days I reckon the miners are pensioners – remember poor Gordon and his 25p increase – it will be interesting to see if Nick, Dave, George and Danny can hold their nerve.
Hold on boys it’s going to be a very, very rough ride.