Tuesday, March 30, 2010

Retirement Reform

So apparently the great assault on tous les conservatismes that Sarkozy promised in 2007 is all going to come down to retirement reform. Even the replacement of the juge d'instruction has dropped out of public discourse (h/t MYOS) and may soon follow the carbon tax into oblivion. Why retirement reform rather than, say, attacking unemployment? Perhaps because retirement reform is something that the government can achieve on its own before 2012, whereas success against unemployment depends on many imponderables. But the choice is not without risks, which Bernard Girard discusses here.

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