Member

That brings me briefly on to intergenerational fairness. We are, whether we recognise the fact or not, constantly adding to the burden on coming generations without any thought as to how that burden can be paid off. That cannot be fair or sensible. If nothing is done, once the youngsters get to pension age, the pensions promised to them will be unaffordable. There will be a crisis, change will be forced on them, as it was in the private sector, and public sector workers close to retirement age will be on the streets protesting.