…France, which is in the throes of dealing with the economic fallout related to “enjoying” several decades of exactly the type of programs we’re debating here, is finding herself in the unenviable position of having to overhaul everything from retirement ages, to dealing with massive unfunded pension liabilities, to increasing working week hours.
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Are we any different? At least the French got to enjoy a more egalitarian society, and it’s entirely possible that their problems will end up looking rather tame compared to what lies ahead for us (IMHO).