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Editorial See other Editorial Articles Title: Europe's Revolt of the Pampered For the fourth day running, France has been crippled by strikes. Airlines are canceling flights. Travelers making their way to Paris from DeGaulle and Orly face long delays. Tourists are stranded. The Eiffel Tower was closed. Rail and subway traffic into the city has been curtailed. By shutting down refineries, French oil workers may cause a shutdown of gas stations and force the government to raid the strategic petroleum reserve. Millions have gone on strike. One in 10 high schools has been closed. Students at secondary schools and universities march beside workers and block entrances to paralyze the educational system. And what is the cause of this national tantrum? President Nicolas Sarkozy has moved through the National Assembly and is pushing through the Senate a measure raising the retirement age for state pensions from 60 to 62. For if France does not raise that retirement age, its social security system will face a $58 billion deficit by 2018. Sarkozy's reform follows his victory in repealing a decade-old Socialist law that mandated the 35-hour workweek in France. What world, one wonders, are these French living in? Around 2050, those high school and college students will be near or above today's retirement age of 60. Who do they think is going to pony up for their pensions? Are they not aware of what is coming for France and Europe? Today, 23 percent of French men and women are 60 or older. That will rise to 33 percent by 2050, when there will be one French worker for each French retiree, if 60 is retained as the age of retirement. Today, 5.5 percent of French men and women are 80 or older. By 2050, that doubles to 11 percent. Who do the French strikers think is going to pay the taxes for the medical expenses of this infirm and aged ninth of a nation? Where the median age of the French is 40, in 2050 it will be 45. But that number disguises a far drearier reality. Since 1970, the fertility rate of French women has been below the 2.1 children needed to sustain France's population, what demographers call zero population growth. For the next four decades until 2050, the fertility level of French women is projected to remain roughly 15 percent below ZPG. Yet France's population of 62.6 million is projected to make a healthy leap to 67.7 million. How can a population continue to grow when the birth rate for almost 80 years running to 2050 is below replacement level? Answer: As the French retire, age and die, France is filling up with immigrants coming to replace the departed and departing French, and the millions of French children who were never born because their potential parents did not want them. Where are the immigrants coming from? Some come from Eastern Europe. But more are arriving from Morocco, Algeria, Tunisia and the former French colonies of the sub-Sahara. Arabs and Africans are populating cities like Marseilles and Grenoble, and filling up the burgeoning banlieues around Paris, where every few years, they go on a tear and burn thousands of cars. For Paris police, the banlieues are off-limits, except when traveling in platoons. These immigrants do not bring the occupational skills, education or language abilities of French youth. Most will not earn the wages and salaries of native-born French, and thus not contribute the same level of taxes to sustain a welfare state constructed by a Socialist Party that has ruled France on and off for decades. With the end of the 35-hour workweek and retirement at 60, the peeling back of social welfare benefits granted to the French in the salad days of socialism has only just begun. They can march and protest and strike, but they cannot avert the inevitable. What is true of France is true of Europe, where not one nation has a fertility rate that will replace its native-born. Among Russians, Ukrainians, Estonians, Lithuanians and Latvians, the death rate already exceeds the birth rate. These countries have begun to pass away. And their neighbors will follow. With the financial crisis of 2008-09, followed by the threatened debt default of one or more of the European Union PIGS (Portugal, Ireland, Greece, Spain), all of Europe also seems to be slashing defense budgets to save all they can of their welfare states. Which raises questions we debt-swamped Americans cannot put off forever. Why, 65 years after World War II, are we still defending these nations? When Europe has more wealth, more people and a more lavish welfare state than we do, why should we impose sacrifices on our people to pay for the privilege of defending her people? Instead of borrowing from Europe to defend Europe, why do we not charge them for providing that protection? If we are going to play Romans, why not demand tribute, as the Romans did? America is the first empire in history to pay tribute to its satraps.
Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 21.
#4. To: F.A. Hayek Fan (#0)
Anything that tears the European Union apart can only be a good thing I say. lol
I understand what you mean. Everyday that goes by I find myself a bigger supporter of succession. That appears to be the only way to decentralize the power of the two party fraud in Washington DC.
Indeed, not to mention the fact the EU Member States were fully independent nation-states to begin with. I notice too that the partisan fraud exists even in countries that have more than two major parties - they just become a cartel of parties.
If they are like ours, then they are all being funded by the same corporations. That's the way it is here in the states. Corporations in the US hedge their bets by funding both sides.
Most likely, particularly in Ireland were we have a long standing economic policy of attracting multinational companies with tax incentives.
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