France RISES UP Against Macron's Pension Austerity

More than a million French citizens have taken to the streets to protest President Macron's proposal to raise the retirement age in the country. French people seem very quick to take to the streets and protest. Why are Americans so reluctant to do the same?

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In France and it's interesting because today the Biden Administration unveiled its plan to shore up Medicare which trust fund is slated to run out of money essentially in 2028. Now to be clear again people pay into Medicare and it kicks back a certain amount. The trust fund was established both for Social Security and Medicare in the early 80s with an anticipation that the Boomers would be aging into Medicare and Social Security and they would need to be in a sort of expanded fund for them. And because primarily because of wealth inequality those funds are not as robust as was anticipated. 91 of the country's income was touched by the Social Security and Medicare payroll tax back in the day. now it's down into the mid to lower 80s. and so that's a big deficit. Biden has a proposal to Shore that up we'll talk about that in a moment. but we saw the implications of Biden at the State of the Union in terms of questioning the Republicans about social security. Well in France they take their social retirement funds pretty seriously obviously. And this came up yesterday with Paxton. France spends its government owning more of the public sector I should say the private sector or what would have made the private sector than Venezuela. Than most countries. let's put it that way. and so France is a place where they understand that when you evolve the value as as humans evolve and societies evolve the value should be returned to the vast majority of people in the form of a better life. And that means we don't work as late into our lives. and their retirement starts at 62. Macron has been hinting that he wants to raise the retirement age well the unions have basically shut down France for the day. And here are the weeks of this too. Here's some footage of that.