The Guardian: 30-year economic betrayal dragging down Generation Y’s income

[WolfpackN64]

ReimTime said:

WolfpackN64 said:
The whole "generations" thing is BS anyway. What do you expect in a capitalist society? It's like Windows, everything seems to run just fin untill you get BSOD' or get a fatal series of system crashes. And it will happen again and again and again...

Well yes and no. I'd argue that here in Canada our biggest concern as Gen Y is to pay the health care bills for the enormous aging/tax-paying population. We do get quite a few young immigrants to the country so I suppose they could be a pool of tax money for health care (our Universal health care that is).

I'm not sure how an increasingly socialist model could reverse that trend

You can't reverse it. That's what you get with an aging population, unless you slash the pensions to the point people can't live from them anymore. People will have to face that we will have to redistribute wealth in some way to counterbalance this trend.