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Intergenerational fairness and the spending review 2010
- Authors:
- BERRY Craig, SINCLAIR David
- Publisher:
- International Longevity Centre UK
- Publication year:
- 2010
- Pagination:
- 37p., bibliog.
- Place of publication:
- London
This report explores the extent to which potential cuts may impact on intergenerational fairness. It sets out three principles for maintaining intergenerational fairness in relation to the Spending Review: first, it argues that it should impact fairly across different generations; second, that it should not exacerbate the causes of poverty in later life; and lastly, it should not undermine the drivers of increased longevity. The 1st section of the report outlines the context of the Spending Review. The 2nd section outlines principles to ensure cuts are as fair as possible in an ageing society. The 3rd section looks at cuts proposed across six key government departments on the basis of these cuts. The 4th section presents findings from an opinion survey designed to examine the potential impact of the Spending Review on intergenerational relations. This survey reveals that the public thinks that transport (63%), out-of-work benefits (54%) and defence (44%) are the top 3 areas the Chancellor should target for spending cuts. It also shows that nearly two-thirds of people (65%) think that job creation should take precedence over reducing government debt. Moreover, 4 in 5 over-65s think that spending on their age group should be protected, as did over 7 in 10 16-24 year olds. A quarter of 16-24 year olds would target pensions for cuts, whilst just 15% of over-65s agree. Somewhat counter-intuitively, younger people were more likely to target education for cuts than older people. The report concludes by offering recommendations.