An article in the 'Gaurdian' two days ago was entitled :
UK austerity set to last decades as cost of ageing population rises
It made the following points, that :
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* the OBR report highlighted the impact of an ageing population by noting that the over-65s are expected to make up 26% of Britain's population by 2061, compared with 17% today and the cost of paying for health, pensions and long-term care at an extra £80 billion a year in today's money.
* the Institute for Fiscal Studies said the OBR report provided a reminder of the 'challenge' of an ageing population and falling tax receipts in key areas of the economy.
So old men of Britain, millions of people are going to face a tough time into the foreseeable future and in a large part your fault because :
* there are too many of you
* you cost too much
* you live too long
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