Even if we were to accept the economic consequences, and we shouldn't do that, we should remember that the current young generation are more savvy with social media and able to spread idea using that medium. The repressive regimes of the Middle East were no match for this phenomenon with the spread of the Arab spring and here too the young are finding avenues of expression such as the occupy protest, or less positively the London Riots
Allowing young people to bear the burden of unemployment cannot be justified in any way, especially if at the same time we are asking older people to work longer. Blaming young people for lacking the work skills necessary doesn't wash either, whether the perception of a failed education system is the result of bias, bickering or bloody-mindedness it can't provide an excuse to repeat the mistakes of the 1980s and write a generation to welfare dependency.
What is needed is a comprehensive and Europe wide investment in youth and education that guarantees a two year apprenticeship to any 19-24 year old who has been out of employment or training from more than 13 weeks.
That way the burden is shared, our young people who cannot find suitable employers in the UK can be offered places abroad - I have visions of young people interested in fashion serving apprenticeships in Italy and construction Apprentices doing necessary work that is already wholly or partially funded by the EU in Poland and Slovakia and perhaps even hospitality apprentices working in hotels and resorts in Greece so that all of Europe can share in the regeneration of these flagging economies.
There's no point in pretending the current economic woes are restricted to one country or that they can be overcome by one country. Let's get real and get to work on saving the next generation from the misery Thatcher's Lost Generation have endured.