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Jackson Rawlings – Britain’s Younger Generations Are Overwhelmingly Left-Wing

Summary:
Does that mean the Tories are finished?  The future is left. Blue Labour and the Tories are destined to become a minority. We think the trend in previous generations has been from left to right as the electorate ages. Even if that is true, is there really going to be such a dramatic shift in political leaning as to redress such a huge imbalance between Tory and Labour support within this generation? Add into the mix the views of the next age group up: In the 24–49 age bracket, we’re talking 28% for Tories vs 49% for Labour.  Averaging that out, that’s over 50% of 18–49 year olds for Labour, and about 19% for Tories.  In order then for these current generation’s views to mirror those of the older generations, it would require a 50% swing to the right. That means that

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Does that mean the Tories are finished? 


Jackson Rawlings - Britain’s Younger Generations Are Overwhelmingly Left-Wing


The future is left. Blue Labour and the Tories are destined to become a minority.

We think the trend in previous generations has been from left to right as the electorate ages. Even if that is true, is there really going to be such a dramatic shift in political leaning as to redress such a huge imbalance between Tory and Labour support within this generation?

Add into the mix the views of the next age group up:

In the 24–49 age bracket, we’re talking 28% for Tories vs 49% for Labour. 

Averaging that out, that’s over 50% of 18–49 year olds for Labour, and about 19% for Tories. 

In order then for these current generation’s views to mirror those of the older generations, it would require a 50% swing to the right.

That means that 50% of the current 50ish% of 18–49 year olds who are left-wingers would need to do a complete about-face turn sometime in middle age.

It’s possible, sure, but it seems unlikely.

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Jackson Rawlings - Britain’s Younger Generations Are Overwhelmingly Left-Wing
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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