Brexit: Will millennials pay the price?
The EU referendum results were a shock to many, as British citizens voted to leave the EU.
Perhaps what shocked the world was the fact that one country could choose to isolate itself somehow instead of hold hands with other countries and face global problems together. But, regardless of the reasons, one issue surfaced following the votes: Which age group is going to pay for the price of this decision?
An article featured in The Telegraph titled "Millennials 'fury' over baby boomers' vote for Brexit" sheds light on what really happened with the votes.
On the one hand, as per YouGov polls prior to the EU referendum, 72 percent of 18 to 24-year-olds were in favor of remaining while a mere 19 percent were in favor of leaving.
On the other hand, 34 percent of pensioners were pro remaining, and the rest of them wanted to leave. What might have pushed the country towards a Leave vote was the high turnout of working class older people.
YouGov’s data suggests that 61 percent of people aged 65 and above voted to leave; thus, shifting the scales.
Many millennials feel betrayed, as most believe they should. The fact that their future is decided by older baby boomers whose decision was fueled by ideas of UK losing power to the European Union is absurd.
Millennials are those who will have to deal with the consequences. On average, they have a good 50 to 70 years ahead of them, and the notion of no longer being supported or supporting the countries surrounding them is a lonely and scary one to face.
Right now, Great Britain has two years to officially declare its intent to leave as per Article 50 in the Lisbon treaty. It is not yet clear when, in the next two years, that would happen. Maybe a new referendum could be set and a different result would be attained. Nonetheless, regardless of the end result, it is clear that millennials all around the world are facing a lot of decisive situations they are certainly not ready nor experienced enough to face.