September 20, 2007
French to start working again?
WAC? loves the French above all Europeans. See our Ile St Louis post in March entitled "Ernest, the French aren't like you and me". But 62 years (since 1945) is a hell of a long vacation, and enough is enough. Not everyone loves the new president of France, pro-business tough guy Nicolas Sarkozy, but The New York Times reports that at least he's got the right idea:
Sarkozy Takes Aim at Retirement Perks
PARIS, Sept. 18 (NYT) — President Nicolas Sarkozy of France took the first perilous steps to rein in generous early retirement perks of powerful unionized workers on Tuesday in a speech demanding “a new social contract” that could raise their retirement age to 65 from as low as 50. [More]
Posted by JD Hull at September 20, 2007 08:38 PM