Research on the impact of the macroeconomy on individual-level preferences for redistribution has produced varying results. This paper presents a new theory on the presence of an expansive welfare state during one's formative years as a source of heterogeneity in the effect that macroeconomic conditions have on individuals' preferences for redistributive policy. This theory is tested using cohort analysis via the British Social Attitudes surveys (1983-2010), with generations coming of age between the end of World War I and today. Findings confirm that cohorts that were socialised before and after the introduction of the welfare state react differently to economic crises: the former become less supportive of redistribution, while the latter become more supportive. The research sheds light on the long-term shifts of support for the welfare state due to generational replacement.