Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting.
Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting.
It’s not just about money, it’s about workforce. Imagine being in a nursery, without nurses available. As for the money, you cannot expect society to pay for a specific standard of living for too long. The workforce must support the people that are not working. Now that we are getting older on average, it would mean that the workforce will have to support more non working people. Imagine that you retire at 60, but people now live on average to 80, which is increasing every decade now
There are really only two options here, increase retirement age, or increase taxes on the workforce. Take your pick.
That’s a false dichotomy. There are many more options. Increasing the salary part of the gpd would increase the the base income the pension takes a part of. But salary part of the gpd has never been so low.
And no, increasing salaries would not grow inflation if companies take the money on the insane benefits they did these last years. Wages raise don’t make the inflation. Companies that increase prices to increase their benefits grow the inflation.