Mar 21, 2023

Continued Turmoil In France Over Plan To Increase Retirement Age

     From the New York Times:

President Emmanuel Macron vowed to stay the course on Tuesday after his government barely survived a no-confidence vote in Parliament that ensured the passage of his unpopular pension overhaul but did little to quell the swirling political uncertainty about the future of his second term. ...

Despite months of massive street protests and strikes, Mr. Macron has not said much publicly about his pension overhaul, which increases the legal retirement age to 64, from 62, and he had mostly left members of his cabinet to defend it. ...

With 278 votes in favor, the main no-confidence motion on Monday fell only nine votes short of succeeding — a much smaller margin than initially expected, and a sign that Mr. Macron’s political troubles are far from over.

Even some lawmakers within Mr. Macron’s own party, Renaissance, have expressed reservations the pension changes, and a few have gone so far as to suggest he should try to calm the country by setting aside the pension overhaul instead of forging ahead with it. ...


8 comments:

Anonymous said...

But they still are raising the age, and like here nobody has a way to stop them or a better idea of how to fix the problem.

Anonymous said...

Anyone else think this is just absolutely the most beautiful set up in the world? It is genius. This is how you actually make the population beg you to raise the tax. You do this. You get them riled up, you threaten benefits, you get them to protest. They win! Yeahhhhh! Then you tell them the age isnt going up but to pay for it not going up you are going to have to pay for it, right through the shorts, for the rest of you life and you kids life and the grandkids life. It is brilliant!

Dont believe, just watch and learn.

You only have the power they give you, they can take it away anytime they want.

Anonymous said...

I think many Americans from one political party, will rover over too! Sad state we live in!

Anonymous said...

No you tell them the age doesn't go up and to pay for it we tax the rich. All good till there's no rich. All good AI gonna make you retire well before 62 anyway.

Anonymous said...

Re: 9:12 PM comment makes me laugh. Given the rise of the billionaire oligarchy over the past 40 years, I am willing to take the risk of taxing the rich a little more.

Anonymous said...

3/24/23 and the retirement age change is still in effect, more protest planned, number of things changed. 0

Anonymous said...

3/30/23 Still protesting, still nothing changed, and Macron said today that protests will not change the decision.

So ya...

Anonymous said...

4/6/2023 Guess what!!!! The change in retirement age remains in effect. Nothing has changed the decision.