Submitted by Quantum_II t3_123na21 in worldnews
maitreprendtout t1_jdvj3xa wrote
Reply to comment by SardScroll in Angry youths challenge Macron and his pension law by Quantum_II
If retirement age is pushed back by two years now, imagine by how much it might be by the time they reach retirement. Better start fighting soonner than later.
Crimbobimbobippitybo t1_jdvmqj8 wrote
If it isn't pushed back these young people will be paying for Boomer pensions, and by the time they need one, it won't exist.
No slippery slope fallacy required, unlike your "argument."
Tagihi t1_jdxppn4 wrote
Why does it need to be pushed back? Set a cut off age.
SardScroll t1_jdvn88e wrote
This is what you get when you have all of the following:
a) a state mandated and funded (in the sense that the funds are not separate from the general budget) pension system
b) a population that is ever living longer, with a static retirement age (as opposed to having the retirement age linked to some percentile of life expectancy, etc. ; France has it more complicated, because it's pension system is not strictly age based but how many units of work one put in, as I understand it); otherwise this could have been happening all along in easily digestible chunks.
c) a birth rate that is lower than replacement (because that means that more and more retirees have to be supported by fewer and fewer working age people).
I guarantee something similar will happen e.g. in the US as soon as enough baby boomers die off to make it not political suicide.
CommercialOk7324 t1_jdy0c36 wrote
Or. Stay with me, a higher tax on the wealthy and corporations. I know: “but they pay such high taxes already!” Apparently not high enough. “They’ll flee the country!” Ah. So we placate them or they take their ball and go home.
WoodPear t1_jdz7fif wrote
Did Google not just fire 10,000 people like two/three months ago because they were expecting slower growth/profits? (Same deal with Facebook around the same timeframe)
Sure, they're tech workers so they can find another job more easily, but what if Walmart or McDonalds were to "take their ball and go home"?
[deleted] t1_jdzbe59 wrote
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