Why do millennials feel so skint? | The Today Podcast

Amol Rajan speaks to economist Torsten Bell about why people in their twenties and thirties are much worse off than their parents’ generation.
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[@dangriff12]

The flow of money has gone to the top faster than anytime in history.

[@sluglife9785]

Torsten is being parachuted into a safe Labour seat as an MP this election. Wouldn't be surprised to see him on the front benches next year.

[@meala23]

1:05 ... But let's be clearer please, because in fact it wasn't "the whole country“ who had “a terrible time during the pandemic and the cost of living crisis“, was it?
The very richest citizens got significantly richer during this exact period, sucking up public resources, all while living in ways that clearly demonstrated just how unaffected they were by the restrictions (flying in private jets, partying on private islands, or in Downing Street, etc)
Everyone else had a terrible time indeed, and that is set to continue until we collectively act to radically reverse this worsening inequality.

[@meala23]

Torsten made many interesting points, but it was disappointing that his only mention of economic inequality was to dismiss it as a relevant aspect of this discussion. It would be very interesting to hear Torsten in conversation with Gary Stevenson about these topics.

[@joepiekl]

The UK now is basically Japan since the 90s. A lost decade fast becoming two lost decades.

[@ItsWesSmithYo]

James Hype not mad about it 😂

[@Jon-hh3gz]

Capitalism without capital, yep.