'The presenter, who hosted Newsnight for 25 years before stepping down in 2014, said his generation had enjoyed free university education and a booming jobs market. He claimed none of his friends had found it difficult to get work.
He went on to blame his generation for the housing crisis, saying they had enjoyed cheap property, while the young struggled to get on the housing ladder.
‘In that period between getting a job and demanding our pensions, we have sat on our arses and watched our houses appreciate in value to the point where property prices bear no relation to people’s earnings,’ he said.
The Cambridge graduate also accused pensioners of ‘exploiting’ their vote by forcing politicians to focus on their own problems. He was speaking at an event run by debating organisation Intelligence Squared.
‘Betrayal is a harsh word … and refusing to recognise the consequences of your own actions is in itself an act of betrayal,’ he said.
Those consequences, according to Paxman, are a highly competitive job market, limited prospects and sky-high property prices.
He said older people had too much power over political debate. He added: ‘I’m in favour of limiting the franchise … by stopping people voting at 65.
'The problem is that we demand things of politicians and they give it to us because they know we’ll go out and vote.'
Read more: Ban the spoilt elderly from voting says Jeremy Paxman (a cantankerous 67) who also accuses pensioners of ‘exploiting’ their vote by forcing politicians to focus on their own problems
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