2min chapter

Economics Explained cover image

Why France's Pension Protests Are So Important Interview with Dr. Tomasz Michalski

Economics Explained

CHAPTER

The Economic Urgency of Measures Like This

It's not so much economic urgency as it is political urgency that's right there's some rope left but it might be the last year politically for a while. At the end at the end of the day we will need to have an increase in the retirement age some major adjustments it doesn't have to be now rightthat's a different story. The rioters or labor unions that protest they know this this is not something that if we don't reform today we're staring down the abyss, he says.

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