The generation poorer than their parents
Many young people in Britain are set to be in a worse economic position than their parents, but is there any sympathy among older generations and is their cause gaining support from politicians?
"I'm 100% livid, I think that's the best way of putting it. We're going to get more angry than we are now."
Twenty-five-year-old City worker George Lewkowicz is mad about the economy.
He is typical of many young Brits under the age of 30 who have come to realise that their financial prospects are substantially less bright than that of their parents' generation.
When I first met George last year, he predicted young people would take to the streets - and he proved right as thousands of students from across the UK protested against the rise in university tuition fees and the scrapping of the Educational Maintenance Allowance (EMA).
Today, George predicts this disquiet is only set to escalate:
"There is this huge population of older people who have essentially had it all, and my generation are then paying for their retirement."
When this dawns on people, George argues, "the riots will happen".
(continued)
I say get rid of pensions and let the state tax any income or savings of the older generation into non-existence. That will be restoring the cosmic balance.
