Riots in France have already cost businesses more than $1 billion | CNN Business
Riots in France have already cost businesses more than $1 billion | CNN Business
It's not just about money, it's about workforce. Imagine being in a nursery, without nurses available. As for the money, you cannot expect society to pay for a specific standard of living for too long. The workforce must support the people that are not working. Now that we are getting older on average, it would mean that the workforce will have to support more non working people. Imagine that you retire at 60, but people now live on average to 80, which is increasing every decade now
There are really only two options here, increase retirement age, or increase taxes on the workforce. Take your pick.