The British state has become a Ponzi scheme paid for by the young

Flatlining wages, soaring house prices and high childcare costs have broken the social contract: the unspoken understanding that if you worked hard and did the right thing, Britain would reward you, say Simon Clarke and Phoebe Arslanagic-Little Last week, the OBR set out the sheer, mind-blowing extent of Britain’s fiscal risks. Foremost among them is [...]