This is the title of an entertaining article by Brian Groom in the FT this week. He takes a bit of a swipe at David Willetts new book the subject of which is clear from its title: The Pinch: How the Baby Boomers Stole Their Children’s Future and How They Can Give It Back. Apparently we have been having a 50 year party leaving the mess for our kids to pick up. I think we may just have contributed to some extraordinary social developments whilst 'partying' and of course we are now subsidising those children and their children in the many ways that we have posted about on this site over the past year or so. So I agree totally with Brian that we are not just hedonists. I hope, however, that David's book does not herald a change of attitude towards default retirement age. I interviewed him a year ago and he was clearly against it at that point but more recently Theresa May appears to be fence sitting. Maybe another Conservative policy that might benefit from clarity?
Financial Times Summer Book List
3 hours ago