A new generational compact

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Incomes and Inequality, Intergenerational Commission

One of the best books written by a politician in recent years is David Willetts’ The Pinch. In it Willetts documents, with great clarity and rich empirical evidence, how the baby boomer generation has been pinching too big a share of the nation’s wealth, enjoying rising house prices and generous pensions while failing to invest … Continued

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The ‘squeezed middle’ is a real problem

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Incomes and Inequality

Whatever the terminology, politicians cannot afford to overlook a group that feels justified anxiety about its standard of living. The best political phrases grow broad roots, entering the language of all political parties. Today it’s still unclear what fate awaits Ed Miliband’s talk of the “squeezed middle“. But whatever happens to the phrase, the theme … Continued

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The coming crunch

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Incomes and Inequality

These are interesting times here at the Resolution Foundation. We’re expanding our team, starting new projects and working in different ways to achieve practical solutions. I hope you’ll keep returning to our new and improved website over the next few weeks and months to follow what we have to say about the position of low-to-middle … Continued

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It’s rising prices as much as spending cuts that will give the Coalition a political headache

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Public Finances and the Economy

It’s rising prices as much as spending cuts that will give the Coalition a political headache. Last Wednesday, Bank of England Governor Mervyn King forecast that inflation would remain above its 2% target until at least the end of 2011. British Gas has just announced a 7% price hike.  It all bodes ill for the … Continued

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