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

  1. "Addressing social problems should be at the heart of Europe's economic strategy". Brueghel. Retrieved 2014-05-07.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.