We have a new government, with a new programme for government. This programme envisages a stimulus programme in July followed by a further stimulus in October during Budget 2021. The policies the new government choose will be crucial. Will it leave younger households behind? We know many of our policy measures act naturally – or automatically – to protect the wealth and incomes of those with property, and with stable incomes. All policies are distributional, creating winners and losers. If those households with property and stable incomes are on average older and more insulated from the effects of the virus,…

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