The City of Love isn't looking to lovely with fires and garbage surrounding the capital. Here's what you need to know so you can understand what's going down in France.
The City of Love isn’t looking as lovely as we once remembered. Massive protests and clashes with police have swept the nation amidst mountains of trash and a sea of flames. All of this was because the retirement age increased from 62 to 64, a decision made by France’s president, Emmanuel Macron.
But why was the decision to raise the retirement age from 62 to 64 such a big deal, and why did it cause France to be razed instead? Here’s what you need to know and why you should probably cancel your plans to visit in the meantime.France spends roughly 14% of its GDP on pensions, one of the highest rates in the world. They also have one of the lowest retirement ages, at 62, compared to the rest of the EU, which hovers around 64 on average.
Raising taxes isn’t also viewed as a viable solution, as taxes in the country are high enough as it is. Thus, many countries raised their retirement ages to avoid this scenario, like the United Kingdom, which plans to raise the retirement age from 67 to 68 in 2044. This wasn’t Macron’s first time trying to overhaul the pension system. In 2019, he tried to streamline 42 different state pension plans into one and introduce bonuses and penalties that encourage people to work until 64. Raising the retirement age was always met with fierce opposition then and now, but the situation in France has escalated because of Macron’s actions.
Though they are neck-deep in criticism and garbage , the Macron government was able to survive a vote of no confidence, but for how long is anyone’s guess. We simply hope for the best and that things will hopefully be ironed out soon. The people have spoken, and they wouldn’t mind watching France burn if it means getting their point across. Let’s just hope it doesn’t end with them busting out the guillotine again.
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