Quick look at this thing [hat tip the boys]:
‘End pensioner benefits to help young’, peers say
“retain the supportive relationship between generations”
We still vote, you rich bstds in the Lords. On the other hand:
Phew, this is a major one, innit:
Half of American parents are unable to save as much as they’d like to for retirement, and their grown offspring — whom they still count as dependents — are to blame, according to?a new Bankrate.com study. While they likely mean well, parents who support children into young adulthood?often end up encumbered when they reach retirement age. They can inadvertently hamstring their kids, too.?
There were articles four decades ago about how Gen X were useless stay at homes, sponging off their parents to eternity and Millennials have learnt the trick.
Yet Boomers have been wilfully profligate as well, looking only after themselves in many cases, in a way not done by the generation before them. Twenty boomers may now come in to pooh-pooh that, saying they have provided well.
Yes but there are many old without savings and sometimes that is not just govt and sponging kids. But often it is.
Meanwhile, the worst of the Millennials are thinking eugenics for the old – maybe the PTB have been thinking it 100 years or more.