Sacrificing for poorer people

But the notion that we (and he gestures around his elegant townhouse kitchen) should want more [for our chidren] is shocking and appalling.

We shouldn't think in those terms. We've actually got to think: maybe we should make some sacrifices and be a bit poorer. Because if we don't make  those sacrifices and become a bit poorer, so that those lower down the scale have better lives, we may end up facing utter chaos.

- ITV's political editor Robert Peston talking to Decca Aitkenhead  in the Guardian.