The government in France is actually making a sensible move to improve their finances. They’re targeting their pension system by raising the retirement age to 62.
Naturally, the socialists and unions are decrying the move. But, fortunately for the financial strength of that country, more sane minds have apparently prevailed.
Now, if only the United States could learn from this move and, barring real and comprehensive reform, at least seek to raise the Social Security retirement age. But that’s not likely given the outcry politicians would likely here.
Meanwhile, our country’s fiscal health continues to be threatened by our bloated entitlement programs.