Skip to comments.France Cuts Retirement Age
Posted on 06/11/2012 12:07:18 PM PDT by John Semmens
Newly elected Socialist President Francois Hollande fulfilled a campaign promise by lowering the age for retiring with full benefits from 62 to 60. In the United States full Social Security benefits dont kick in until age 65, later for those born after 1940.
Hollande explained that if people have to wait until theyre 62 the money could all be gone before they draw a cent of their retirement benefits. This way at least some of them will get something before the system crashes.
The French president plans to fund these more generous benefits by raising taxes on businesses and individuals wherever we can. Many of our citizens have more income and wealth than they need. Sharing that surplus with those less fortunate is a moral obligation we intend to enforce.
In case there isnt enough that can be extracted from French taxpayers, Hollande says he is confident that Germany will ultimately shoulder Frances debts. They have prospered the most since World War II, he contended. Considering they started that war this is unfair. Redistributing Germanys gains to their former victims would redress this and advance social justice throughout the continent.
f you missed any of this week's other semi-news posts you can find them at...
Obama is going to promise full benefits, free health care, free house, for all who can be verified as voting for him in this election. Then he knows he can win.
This is not real news.
I say that because I can often spot the satire that others miss, and this time I got sucked right in.
With the economy doing so poorly, the older folks do need help so letting them retire early is a good way to help them out. Plus, getting the money that is just sitting there in the dusty social security office basement will put that money back into the economy.
Along those same lines, the proposed increase in the minimum wage to $10+ here in the states will do the same thing, except for the younger crowd. Although I’m not sure why they don’t boost it to $20+ and REALLY get our economy going.
WHAT A MENTALITY!
France is going to be so poor that all their people will be eating snails LOL
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