Macron’s Bad Math

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For every retiree in France, there are 1.7 people in the workforce. In 1970 the ratio was one to four. By 2100, the number is projected to be one to one. Ostensibly in response to this looming crunch, on March 16 President Emmanuel Macron used a constitutional lever to push through a pension reform plan […]

Original source: https://www.nybooks.com/online/2023/03/26/macrons-bad-math-schwartz/

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