if you like government solutions to things, the govt should solve the problem of getting people to save for their own retirement. It's the fable of the ant and the grasshopper, it's the parable of the marshmallow test, learning to manage your future is an important life skill; fobbing off responsibilities on other people, out of sight out of mind, is the road to ruin.

I'm not saying that income redistribution and levelling are not necessary ingredients, but in addition the mechanisms should reflect aligning long term outcomes with short term thinking.

people are naturally lazy, but we shouldn't encourage that.