They're on to that one. All of the "interesting" liabilities are indexed to one (or more - in the UK three) inflation measures.

And yet the pledge to link the student loan repayment threshold to average earnings was reversed almost immediately.

https://www.theguardian.com/money/2016/nov/22/student-loans-...

Pensioners have historically voted more than students and young people. If you don't participate in the process, you don't get fair treatment, unfortunately.

This seems to have improved somewhat in the 2017 UK election.

Only 57% of 18-19 year olds and 59% of 20-24 year olds voted.

https://yougov.co.uk/news/2017/06/13/how-britain-voted-2017-...

It's not like the consistent Tory voting pensioners were safe either. They tried to axe triple lock, the heating allowance and institute a new NHS tax this time around.

The heavily indebted young only voted in droves this time around because for the first time there was actually a party that actually represented their interests.

Both pensioners and students would be a lot more screwed right now if the left wing of the Labour party hadn't effected a successful takeover and shifted the overton window.

The Overton Window is a fascinating concept - I only encountered a reference to it in the works of Owen Jones ("The Establishment"):

https://en.wikipedia.org/wiki/Overton_window

I'm not sure they have shifted it significantly, if they had they would have won the election.

They ran on an unapologetically left wing platform and saw the largest increase in vote share since 1945, denying the ruling party a majority in the process.

You think the ruling party isn't going to react to that by moderating its position?

The Conservatives did so poorly because they had a lacklustre campaign, robotic leader, ill thought out policies and some brexit backlash.

I find it hard to believe the Labour left has shifted the public zeitgeist as they didn't win in a situation that could have been a walkover for a more moderate Labour.

>could have been a walkover for a more moderate Labour

This is absurd. Right wing Labour had been losing vote share steadily since 1997. The previous election was the worst result in 30 years and that is not because the Tories ran a great campaign. It wasn't as bad as this time but it wasn't good.

Most of Labour's losses wasn't even because people switched to Tories, it was just because people weren't motivated to vote for Labour. Scotland was completely lost to the SNP under Labour's right wing because the SNP ran on a platform of left wing policies.

This time around could have been a walkover for Corbyn if they weren't subjected to internal sabotage from the right wing of the Labour party, as Snowden pointed out:

https://twitter.com/snowden/status/872955838440329217

That same old story, if it wasn't for the right of the party, if it wasn't for the Murdoch press. You can keep telling yourself this but the fact remains that Labour are not in government despite the opposition having a disastrous campaign.

By the way if you look at the SNP actions it's pretty hard to argue they are left wing.

One of the controversial issues in the USA concerning indexing to inflation is whether the inflation index itself is manipulated, thus showing a lower rate than exists.