SO, THE MOUNTAINS of the Resolution Foundation groaned for two years and gave birth to…well, the usual farrago of nonsense and madcap propositions that think tanks are prone to. In this case it’s all about the “intergenerational contract” between the Boomers and the Millennials, how it’s being broken and what “we” should do to put it right.
This low-level conflict has been rumbling on for a few years now and really kicked off with a book by David Willetts, The Pinch: How the Baby Boomers Took Their Children’s Future – And Why They Should Give It Back (2010). Willetts is a former Tory minister and now runs the Resolution Foundation. “Former Tory” is what I nearly left it at, since his pronouncements these days have been most definitely un-Tory-like, favouring the kind of statist interference beloved of the left.