I've found yet another good reason to leave Britain - my generation is utterly fucked. We're going to be paying - through taxes - for the financial misdeeds of the current retiring generation and their incompetent politicians. Well, fuck you very much - I'm not staying. I'm either moving to Holland, Ireland or the United States. Anywhere but Britain. This place is such a shithole, it's unimaginable. The reason that my generation is stuck at home is not because we want to be - it's because we have to be. One third of all marriages end in divorce and my generation is going to be paying 48% in tax. 
The report that this article is based on states up front that "Older people will gain enormously from a rising state pension linked to earnings. But they will face little of the costs in financing it. Nor will they have to work longer: people over 47 today will still be able to retire at 65. In contrast young people must fund the increase in the state pension at the same time as facing automatic contributions of 3 per cent of their salary, combined with the lower wages that will inevitably result as employers compensate for their own compulsory pension contributions of 4 per cent of salary. In addition they face a higher state retirement age at 68."
This should get you angry. I'm not in masses of debt - I've got my student loan repayments to make, but that's interest and tax free. I've got a credit card which I pay off every month. I'm responsible with my spending. But I'm going to be forced to subsidise previous governments who have been completely irresponsible with their spending. Again, fuck that.
