Gerontocracy 😆 Something similar holds true for Germany, in many parts of Germany, baby boomers receive shit lots of money, build 'retirement houses', absolutely unwilling to do anything with the social system, even though it is unsustainable. Plus other problems on top of that.

It's a gerontocracy. The old people have the voting power in elections. The old people vote for the benefit of old people. Even if it's not in the interest of the whole country.

zuspotirko

econ

French pensioners now have higher incomes than working-age adults

Interesting. This basically explains the reluctance of the French to change their social system. They won’t end well I guess. That’s why Bayrou is not PM anymore.

