"cgt, but then, isn't it unfair on the younger generation for them to pay more state pensions for the earlier retired?"
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Honestly. I think younger generations would worry more about having a job than paying more taxes to fund pensioners.
I regularly visit a forum on another website discussing the jobsmarket and am depressed by the level of despondence by younger kids loaded up with good education not being able to find jobs, among other reasons, due to:
1. people holding onto their jobs longer; 2. offshoring; 3. computerization and automation; 4. lack of experience
Like I said, we need constant and quick turnover of the workforce so everybody gets a chance to be an economic widget for a few decades....
