Paris continues to remain on the edge for a third straight night as police clash with protesters marching against Macron government's pension age reform. The Macron government is pushing through a rise in the state pension age without a parliamentary vote. Angry protesters marched across various cities in France. In the capital, protesters set fire to garbage piles and raised slogans against the government. Riot police used tear gas and charged at protesters with batons. The authorities have banned protests at key sites including the Champ-Elysees and Place de la Concorde.
I wish Republicans could see this as the warning it is and stop trying to dismantle Social security and Medicare (or raise the eligibility age to above the average life expectancy)…I think they could expect the same results.
3 Comments
newtboyIt’s not getting better…
bobknight3362 to 64 retirement age..
some government cheese for 30+ years.
Seriously.
You should be able to work few more years.
Granted there are differences between a labor and an accountant on ones body after 30 years of work.
Social security is a ponzi scheme.
Once introduced the average life span was 67 and SS come started at 65.
+ there were about 5 putting in for every 1 taking out. Now its about 3 to 1. Unsustainable.
newtboyTypical of you to not watch the video and completely misinterpret the issue.
Had you watched it, you would maybe understand the protests aren’t over the age changes, they’re over Macron unilaterally making the change without any parliamentary vote….
…so you can comprehend, imagine if Biden lowered the age for Social Security and Medicaid by presidential order without consulting congress. You would be out there burning government buildings right now calling him the Devil.
You think average people live to 94 or older…or can you simply not do the math? (I know which). 77 (average lifespan) - 67 (retirement age in America) = 10 years…10 years of retirement after 50 at work is too much. Seriously. You should be able to rest a few more years after 67.
Millionaires paid 75%+ tax when it started. Go back to that and exempt anyone making over $150k or with over $2 million in the bank from collecting, 3-1 is totally sustainable.
Clearly you don’t understand what a ponzi scheme is or how they work.
When Social security was enacted, retirement was relatively unknown and the elderly largely lived as paupers, destitute, relying on the kindness of strangers for their meager existence. The disabled were put in horrific institutions. How do you think that would work today?
The simple solution is enact and enforce reasonable income/net worth limits. If those that don’t need it stop taking it, it functions fine…but the rich want their slice too until they can destroy the safety net they don’t need.
62 to 64 retirement age..
some government cheese for 30+ years.
Seriously.
You should be able to work few more years.
Granted there are differences between a labor and an accountant on ones body after 30 years of work.
Social security is a ponzi scheme.
Once introduced the average life span was 67 and SS come started at 65.
+ there were about 5 putting in for every 1 taking out. Now its about 3 to 1. Unsustainable.
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