The IMF wants to kill pensioners!

[Doggy Styles]

Good idea, but with only a finite number of jobs, we end up with more young people being unemployed if older people work for longer.

Increasing the size of the economy would sort this.

Which you will with more active people.

I'm sympathetic to anyone out of a job, including young people like my daughter, but the answer isnt to retire people earlier to make way because all that does is move the dependency from the cheaper young to the more expensive old. Plus, from the old's point of view, they aren't in a position to take a long-term view and need money now.

And something else: Looking at what has happened over the past 15 years what would we rather have had, older people working longer or shipping in an overseas workforce?