Hmm, I was a bit baffled by the second graph. You have to go the New Statesman and flip between including and excluding retirees to appreciate the effect.
It still doesn't explain gains, because surely you would need to compare 2019 vs 2017 to see that.
Having said that, I am convinced by the story, the big question is how to translate the info into a strategy.
Yes, I should have put a note providing the context of the second graph.
The main reason why I've reproduced the two NS pieces is to push the necessary corrective that Labour under Corbyn was a middle class graduate party and no longer the party of workers.
What's very interesting is that the Lib Dem vote massively expands as you go up the income ladder. Why would that be? Maybe worth a future article....?
Tim, this is something I touch on in the book. As they inherit property this means you can expect any conservatising effects to be put off until they're quite a bit older, but also there is the issue of having had their working lives blighted by Tory governments. How much and for how long inheriting property will dispel this is anyone's guess.
6 comments:
Hmm, I was a bit baffled by the second graph. You have to go the New Statesman and flip between including and excluding retirees to appreciate the effect.
It still doesn't explain gains, because surely you would need to compare 2019 vs 2017 to see that.
Having said that, I am convinced by the story, the big question is how to translate the info into a strategy.
Yes, I should have put a note providing the context of the second graph.
The main reason why I've reproduced the two NS pieces is to push the necessary corrective that Labour under Corbyn was a middle class graduate party and no longer the party of workers.
What's very interesting is that the Lib Dem vote massively expands as you go up the income ladder. Why would that be? Maybe worth a future article....?
Phil - do you expect the children of boomers to become more Tory when the time comes to inherit their parents wealth?
Interesting graphs, I think!
Be even more interesting to see what the charts would look like if retirees and people under 30 were excluded, I think!
Tim, this is something I touch on in the book. As they inherit property this means you can expect any conservatising effects to be put off until they're quite a bit older, but also there is the issue of having had their working lives blighted by Tory governments. How much and for how long inheriting property will dispel this is anyone's guess.
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