True c52.
One of the biggest injustices committed in history is the treatment of OAPs. Spend a lifetime in work, have your money 'invested' in National Insurance. Get robbed blind. No pension pot, spend the money on unattainable promises for us all, then get the next generation to foot the bill for the reckless financial misconduct committed by the Gov't (of BOTH flavours).
It would be an interesting calculation to see how wealthy we would be if we had invested the money. I do not have the ability to do this calculation but i would lay a wager that we would be the wealthiest nation on the planet. But instead we zoom towards bankruptcy or hyperinflation. Which is the same thing.