France Wants to Raise the Retirement Age by 2 Years and Workers Are Furious. Here's Why:
Fearing he might not get enough votes in parliament to pass the bill, Macron resorted to the “ nuclear option ” by using a special article of the French constitution allowing the government to force the bill through without a vote. That prompted outrage across France that further fueled discontent, diminished his popularity, and galvanized his critics’ image of him as a monarchical leader.
Experts say the protests show that Macron was re-elected because of antipathy for far-right contender Marine Le Pen more than enthusiasm for him. And even if the protests die down, the French president will still have sustained a political bloody nose and a permanent stain on his authority. “Going on strike is an expensive affair so you can’t do it forever,” said Jean-Daniel Levy, deputy director of Harris Interactive polling. And diminished spending power is a real issue, leaving many unable to afford to strike more, he said.
“The demonstrations have become more violent as they’ve gone on. That means many in France are now staying away,” Luc Rouban, research director of the CNRS at Sciences Po.France’s highest constitutional court is made up of judges called “the wise ones” and presided over by former Socialist Prime Minister Laurent Fabius. If it decides that part or all of the law is out of step with the constitution, or the scope of the law’s intentions, the council can strike it down.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why are French workers angry about raising retirement age?Hundreds of thousands of people filled the streets of France Thursday for the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64. The furious public reaction to the plan has cornered and weakened French President Emmanuel Macron. France’s highest body on constitutional affairs will be considering the higher retirement age issue and France’s highest decision-maker in public affairs is expected to issue a ruling this month that Macron’s opponents hope will severely limit his proposal.
Read more »
Why are French workers angry about raising retirement age?Hundreds of thousands of people have filled the streets of France in the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64.
Read more »
Why are French workers angry about raising retirement age?Hundreds of thousands of people have filled the streets of France in the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64.
Read more »
Why are French workers angry about raising retirement age?Hundreds of thousands of people have filled the streets of France in the 11th day of nationwide resistance to a government proposal to raise the retirement age from 62 to 64.
Read more »
Silver lining: The benefits of retirees returning to the workforceA workforce deficit was caused by more retirement workers leaving than younger workers entering it.
Read more »
Retirement savings: Workers cashing out 401(k)s when they switch jobsCall it the Great Cash Out: Almost half of job switchers are making the mistake of cashing out their retirement savings when they go
Read more »