Exactly! Baby boomers paid off the massive war debt owed to the Americans which gave people living here the freedoms we take for granted.
The issue we have in this country is short-termism. Politicians only thinking about the next four years. Companies and shareholders expecting quick returns rather than forward planning, investing in the country.
Just look at Thames Water...sold abroad, stripped of funds, taking massive board member wages, CEO and shareholder payouts and now coming to the public with a begging bowl. Regulation should have stopped that!
Much of the Country's downfall started with Tony Blair... throwing open our borders to the EU accession countries and thus driving down UK wages. UK companies employed the cheaper labour rather than train our own people. Other EU Countries did phased admissions for incomers..
Then Blair stated he wanted 50% of school leavers to go to Uni. Many of those were of borderline ability, did useless degrees, left saddled with debt and have little hope of ever repaying it. And as a result decimating the numbers of kids going into the "trades". So now there's a shortage of tradespeople.
And we now have those "borderline ability" people running the country, our Government, our public services and institutions etc etc... Very average people, of average ability and devoid of ideas.....
We just don't have stand out people anymore, the movers and shakers.