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Intergenerational struggle

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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.