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No, this is what happens when you make almost the entire population dependent on the state for retirement, it makes changes and cuts difficult and limits the op

No, this is what happens when you make almost the entire population dependent on the state for retirement, it makes changes and cuts difficult and limits the options the country has to adapt to changing economic, demographic, and other circumstances. Kind of like how at the start of COVID in the US there were arguments like "We can't close down schools because poor kids won't be able to get their free school lunches." Edit: I looked it up and the net worth of all of France's billionaires is ~half a trillion dollars, so even if you seized it all it would basically cover the French government's budget deficits for a grand total of two years, assuming they were actually able to seize it all and it didn't have disastrous economic side effects. That's France's total deficit, not sure how much of that is directly attributable to the pension system.

yoyohello13 4y ago
Yes, much better to leave them to their own devices. Then the state is free to just let those inconvenient poor people die.
- fvdessen 4y ago
  The guy you replied to didn't advocate to leave people to their own devices but to have a retirement system that is a healthy mix of different sources of revenue / investments rather than 100% from the state.
  - HideousKojima 4y ago
    And similarly I wasn't saying to not feed poor kids, I was saying that by making it dependent of physical schools it limits the ability of the country to adapt and make changes like remote learning, responding to a pandemic (though I'm doubtful school closures accomplished much if anything in that regard), etc. Flexible ways to accomplish the same or similar goals are preferable to enshrining one specific way of doing so in law.
throwaway5959 4y ago
Don’t worry, those free school lunches won’t last for much longer at the rate things are going.
lm28469 4y ago
I'm talking about pension related debt, not the entire national debt > Kind of like how at the start of COVID in the US there were arguments like "We can't close down schools because poor kids won't be able to get their free school lunches." You should ask yourself why kids can't get their basic needs such as nutrition covered then...
- HideousKojima 4y ago
  The pension deficit is 30 billion a year, so seizure of all French billionaires' wealth would still only cover the shortfall for 15 to 20 years.
  - orwin 4y ago
    30 billion a year? Second time I read this, where does it come from? I thought the system was beneficiary in 2021 and 2022? +900M in 2021 and +3B in 2022? I'd love to find where your information come from, mine is from the Cors (public entity) and from Agirco (private entity). Do you have this information from Facebook? Edit: full disclosure, I just walked 3 hours, danced in front of the police while holding a sign, so I might have my sources wrong, but I tried to only get them from ddg front page. Didn't see the 30B figure anywhere, I know it's a lie, and I just want to embarrass parent poster for it.
    - lm28469 4y ago
      No deficit for now: https://www.dna.fr/social/2022/09/13/le-regime-de-retraite-beneficiaire-ce-que-dit-vraiment-le-rapport-du-cor https://www.dna.fr/social/2022/09/13/le-regime-de-retraite-b... Slight deficit expected in short term Equilibrium at medium term

yoyohello13 4y ago

Yes, much better to leave them to their own devices. Then the state is free to just let those inconvenient poor people die.

fvdessen 4y ago
The guy you replied to didn't advocate to leave people to their own devices but to have a retirement system that is a healthy mix of different sources of revenue / investments rather than 100% from the state.
- HideousKojima 4y ago
  And similarly I wasn't saying to not feed poor kids, I was saying that by making it dependent of physical schools it limits the ability of the country to adapt and make changes like remote learning, responding to a pandemic (though I'm doubtful school closures accomplished much if anything in that regard), etc. Flexible ways to accomplish the same or similar goals are preferable to enshrining one specific way of doing so in law.

throwaway5959 4y ago

Don’t worry, those free school lunches won’t last for much longer at the rate things are going.

lm28469 4y ago

I'm talking about pension related debt, not the entire national debt > Kind of like how at the start of COVID in the US there were arguments like "We can't close down schools because poor kids won't be able to get their free school lunches." You should ask yourself why kids can't get their basic needs such as nutrition covered then...

HideousKojima 4y ago
The pension deficit is 30 billion a year, so seizure of all French billionaires' wealth would still only cover the shortfall for 15 to 20 years.
- orwin 4y ago
  30 billion a year? Second time I read this, where does it come from? I thought the system was beneficiary in 2021 and 2022? +900M in 2021 and +3B in 2022? I'd love to find where your information come from, mine is from the Cors (public entity) and from Agirco (private entity). Do you have this information from Facebook? Edit: full disclosure, I just walked 3 hours, danced in front of the police while holding a sign, so I might have my sources wrong, but I tried to only get them from ddg front page. Didn't see the 30B figure anywhere, I know it's a lie, and I just want to embarrass parent poster for it.
  - lm28469 4y ago
    No deficit for now: https://www.dna.fr/social/2022/09/13/le-regime-de-retraite-beneficiaire-ce-que-dit-vraiment-le-rapport-du-cor https://www.dna.fr/social/2022/09/13/le-regime-de-retraite-b... Slight deficit expected in short term Equilibrium at medium term