Intergenerational struggle

The intergenerational struggle[1] is the economic conflict between successive generations of workers because of the public pension system where the first generation has better pension benefit and the last must pay more taxes, have a greater tax wedge and a lower pension benefit due to the public debt that the states make in order to pay the current public spending.

Notes

gollark: I used to use Arch, but I now run Void.
gollark: And you can't just swap out the window manager easily like on LiNUX.
gollark: And it's stupidly locked down and has no decent default package manager.
gollark: It only runs reliably on stupid overpriced hardware.
gollark: A R C H L I N U X(is not what I run)
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