{"id":49982,"date":"2019-12-06T10:53:48","date_gmt":"2019-12-06T15:53:48","guid":{"rendered":"https:\/\/olduvai.ca\/?p=49982"},"modified":"2019-12-06T10:53:54","modified_gmt":"2019-12-06T15:53:54","slug":"france-grinds-to-a-halt-in-massive-strike","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=49982","title":{"rendered":"France Grinds to a Halt in Massive Strike"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/moneymaven.io\/mishtalk\/economics\/france-grinds-to-a-halt-in-massive-strike-lCb2lHX3HkmDcvgEpxBsRQ\/\">France Grinds to a Halt in Massive Strike<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/imageproxy.themaven.net\/https%3A%2F%2Fs3-us-west-2.amazonaws.com%2Fmaven-user-photos%2Fmishtalk%2Feconomics%2FzmfATcSa4EegwR7v_znq6Q%2F5iZFTLwm90ycYbw3AVRnJQ\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Hundreds of thousands of lawyers, teachers, students and air-traffic controllers protest pension Macron&#8217;s pension reform<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cities Paralyzed<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">French president Emmanuel macron is back in the hot seat over reform proposals. Over 800,000 protesters have taken to the streets in a&nbsp;<a href=\"https:\/\/www.wsj.com\/articles\/france-grinds-to-a-halt-as-massive-strike-begins-11575549926\" target=\"_blank\" rel=\"noreferrer noopener\">Massive Strike<\/a>&nbsp;that has paralyzed cities.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Cities across France were paralyzed by a massive public transport strike against a planned overhaul of France\u2019s pensions system, in a test of President Emmanuel Macron\u2019s resolve to modernize the economy.<\/p><p>Trains, including the high-speed line between Paris and London, subways and buses were severely curtailed if not halted altogether. Hundreds of flights were canceled. Many schools, and nurseries remained closed, while several museums, including the Louvre, said parts of their collections might not open. Even the Eiffel Tower was closed.<\/p><p>About 806,000 protesters\u2014including lawyers, teachers, students and air-traffic controllers\u2014hit the streets across the country, according to the French interior ministry. Unions warned the strike could last days and become one of the biggest in France in over two decades.<\/p><p>Mr. Macron wants to extend the number of years that people are required to work before collecting their pensions\u2014now set at 43 years\u2014rather than raising the age of retirement of 62 years old for all workers. That retirement age remains lower than in most other OECD group of rich nations. Under the plan, some people retiring before 64 could receive a lower pension.<\/p><p>Mr. Macron also wants to consolidate France\u2019s 42 different retirement plans\u2014and their special benefits\u2014into one universal system that he says would be more fair. Civil servants, in particular, fear they may lose advantages they have compared to private sector employees.<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Yellow-Vest Movement<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recall that the yellow vest protests went on for months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On December 10, 2018 I wrote\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/moneymaven.io\/mishtalk\/economics\/macron-attempts-to-placate-yellow-vest-protesters-with-free-money-dGG1_FJ7YkqTB1Ke5v3twg\/\" target=\"_blank\">Macron Attempts to Placate Yellow Vest Protesters With Free Money<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France Grinds to a Halt in Massive Strike Hundreds of thousands of lawyers, teachers, students and air-traffic controllers protest pension Macron&#8217;s pension reform Cities Paralyzed French president Emmanuel macron is back in the hot seat over reform proposals. Over 800,000 protesters have taken to the streets in a&nbsp;Massive Strike&nbsp;that has paralyzed cities. Cities across France [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[16269,14648],"class_list":["post-49982","post","type-post","status-publish","format-standard","hentry","category-liberty","tag-general-strike","tag-michael-shedlock"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49982"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49982\/revisions"}],"predecessor-version":[{"id":49983,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/49982\/revisions\/49983"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}