IPOD generation
Encyclopedia
The IPOD generation stands for Insecure, Pressured, Over-taxed, and Debt-ridden. The term was first used in the Reform
report 'The Class of 2005 - the IPOD generation', written by Professor Nick Bosanquet and Blair Gibbs.
Due to diminishing returns for higher education, high-levels of taxation, and a demographic shift in welfare arrangements which will place ever greater burdens on the young, people under 35 are facing serious long-term issues which many governments are ignoring. Affordability of housing, especially in countries like the UK
and the Republic of Ireland
, has dropped in the past few years, pricing many young people out of the market. All of this has meant people under 35 now face future tax burdens and standards of living which may be inferior to their potential, based on past projections.
Reform (think tank)
Reform is a British centre-right, liberal, think tank based in London, whose declared mission is to set out a better way to deliver public services and economic prosperity via private sector involvement and market de-regulation. Reform describes itself as independent and non-partisan...
report 'The Class of 2005 - the IPOD generation', written by Professor Nick Bosanquet and Blair Gibbs.
Due to diminishing returns for higher education, high-levels of taxation, and a demographic shift in welfare arrangements which will place ever greater burdens on the young, people under 35 are facing serious long-term issues which many governments are ignoring. Affordability of housing, especially in countries like the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
and the Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
, has dropped in the past few years, pricing many young people out of the market. All of this has meant people under 35 now face future tax burdens and standards of living which may be inferior to their potential, based on past projections.