Answering John Rentoul - on Iran, Israel and the never-ending nuclear debate

Iran Watch, part 6.

Iran Watch, part 6.

Ok. This is getting BO-RING. The Sindy's John Rentoul says "the world might have decided it has better things to do" than follow our ongoing blog-and-Twitter row over Iran/Israel/nukes - but, bizarrely, he says this at the end of yet another blogpost - "Calling Mehdi Hasan" - in which he yet again dodges the key issues.

This'll be my last post on Rentoul - I promise! - and I'll try and make it as short as possible because I know he doesn't like having to read long articles. (I can only guess that he prefers to conduct debates on geopolitics via 140-character putdowns on Twitter. Then again, his knowledge of Iran is pretty superficial: he claims, for example, that the Iranian president would be in control of nuclear weapons when of course, if such weapons were to be built by the regime, it would be Ayatullah Khamenei with his finger on the trigger and Ahmadinejad wouldn't be allowed anywhere near them!)

Three quick points:

First, Rentoul wants to misquote people and then pretend he didn't and/or pretend it doesn't matter. It was Rentoul who claimed President Mahmoud Ahmadinejad had threatened to "wipe Israel off the map", refused to correct himself or the belligerent meaning he ascribed to those comments and who now says that he knew I "would go off into the old debate about the translation of the Iranian president's 2005 words about Israel". This is wonderfully evasive as it leaves the passing reader unaware of the fact that, "old" or not, the debate is over and Rentoul is wrong. Ahmadinejad, for all his flaws, sins and crimes, didn't say that. Rentoul knows he didn't say that. Yet this proud pedant continues to flagrantly misquote the Iranian president in order to beat the drum for war against Iran.

Second, Rentoul again asks "why the warmongering IAEA should allow such a government to develop nuclear weapons". I'm not sure I understand this contorted and rather loaded question - the IAEA isn't a "warmongering" organisation (though its director general does look a little compromised to me) and hasn't said Iran is developing weapons. Has he even bothered to read the IAEA's reports? I'm happy to extend the "Iain Dale challenge" to Rentoul, if he's interested in trying to win the £100 cash prize that's still on offer.

Third, double standards matter. Despite Rentoul's unfortunate smears, my own view is clear and well-documented: I want a nuclear-weapons-free Middle East in accordance with UN resolution 687. I don't want Israel or Iran to have nuclear weapons (and nor does the IAEA!); Rentoul is ok with the former having 'em but not the latter.

That's what this row has been about. The rest is noise.

Mehdi Hasan is a contributing writer for the New Statesman and the co-author of Ed: The Milibands and the Making of a Labour Leader. He was the New Statesman's senior editor (politics) from 2009-12.

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In your 30s? You missed out on £26,000 and you're not even protesting

The 1980s kids seem resigned to their fate - for now. 

Imagine you’re in your thirties, and you’re renting in a shared house, on roughly the same pay you earned five years ago. Now imagine you have a friend, also in their thirties. This friend owns their own home, gets pay rises every year and has a more generous pension to beat. In fact, they are twice as rich as you. 

When you try to talk about how worried you are about your financial situation, the friend shrugs and says: “I was in that situation too.”

Un-friend, right? But this is, in fact, reality. A study from the Institute for Fiscal Studies found that Brits in their early thirties have a median wealth of £27,000. But ten years ago, a thirty something had £53,000. In other words, that unbearable friend is just someone exactly the same as you, who is now in their forties. 

Not only do Brits born in the early 1980s have half the wealth they would have had if they were born in the 1970s, but they are the first generation to be in this position since World War II.  According to the IFS study, each cohort has got progressively richer. But then, just as the 1980s kids were reaching adulthood, a couple of things happened at once.

House prices raced ahead of wages. Employers made pensions less generous. And, at the crucial point that the 1980s kids were finding their feet in the jobs market, the recession struck. The 1980s kids didn’t manage to buy homes in time to take advantage of low mortgage rates. Instead, they are stuck paying increasing amounts of rent. 

If the wealth distribution between someone in their 30s and someone in their 40s is stark, this is only the starting point in intergenerational inequality. The IFS expects pensioners’ incomes to race ahead of workers in the coming decade. 

So why, given this unprecedented reversal in fortunes, are Brits in their early thirties not marching in the streets? Why are they not burning tyres outside the Treasury while shouting: “Give us out £26k back?” 

The obvious fact that no one is going to be protesting their granny’s good fortune aside, it seems one reason for the 1980s kids’ resignation is they are still in denial. One thirty something wrote to The Staggers that the idea of being able to buy a house had become too abstract to worry about. Instead:

“You just try and get through this month and then worry about next month, which is probably self-defeating, but I think it's quite tough to get in the mindset that you're going to put something by so maybe in 10 years you can buy a shoebox a two-hour train ride from where you actually want to be.”

Another reflected that “people keep saying ‘something will turn up’”.

The Staggers turned to our resident thirty something, Yo Zushi, for his thoughts. He agreed with the IFS analysis that the recession mattered:

"We were spoiled by an artificially inflated balloon of cheap credit and growing up was something you did… later. Then the crash came in 2007-2008, and it became something we couldn’t afford to do. 

I would have got round to becoming comfortably off, I tell myself, had I been given another ten years of amoral capitalist boom to do so. Many of those who were born in the early 1970s drifted along, took a nap and woke up in possession of a house, all mod cons and a decent-paying job. But we slightly younger Gen X-ers followed in their slipstream and somehow fell off the edge. Oh well. "

Will the inertia of the1980s kids last? Perhaps – but Zushi sees in the support for Jeremy Corbyn, a swell of feeling at last. “Our lack of access to the life we were promised in our teens has woken many of us up to why things suck. That’s a good thing. 

“And now we have Corbyn to help sort it all out. That’s not meant sarcastically – I really think he’ll do it.”