They were in their 50's and 60's 10-15 years ago when the boom happened. They retired around the time it crashed.What are the generations being compared here (or is this just a private spat ) ?
Born in 1950s vs born in 1970s ? Retired vs still in paid employment ?
It's a curious dichotomy. Most of the roles referred to were being fulfilled by men in their 50s whereas David Drumm was in his early 40s. Are they all the same generation ?
I suppose it's about the narrative that somehow "young people" have it easy, that "Millennials" are soft. They face into a far more uncertain world because my generation (in their 40's) and my parents generation (in their 70's) made such a mess of things from the early 90's until 2008 and still won't take responsibility for their actions. The people now in their 70's were in charge of most things during the boom. They squandered the money that was washing into the country. They increased welfare and pay and reduced taxes instead of building a world class transport, Broadband and public sector infrastructure. They speculated and sucked money out of wealth creating areas of the economy (internationally traded goods and services) and pumped it into non-wealth creating sectors like construction and the public sector. They were the people in power. They were our leaders. And they failed the Nation.
The generation behind me may never own a home, won't get a decent State pension, will work well into their 70's and will be crippled by our debt and our pensions but they are the generation which rejected represson, homophobia and racism. They are more positive and more hopeful, less corrupt and more civic minded. They are quite possibly our greatest generation.
... and yes, maybe I'm winding things up a bit too (but it is such fun!).