The New York Times reported on plans in France to raise the retirement age from its current 60 years. The article included a quote from France's recovery director, Patrick Devedjian: "We start working later and later, and we stop, or at least we used to stop until now, earlier and earlier, and we live longer and longer,” Mr. Devedjian said. “Such an economic model is impossible.”
In fact, this model is not impossible. If workers opt to take the benefits of higher productive growth in the form of leisure time, a continual increase in the length of retirement and shortening of normal work lives is entirely workable. Since there is a strong correlation between income and greenhouse gas emissions, this approach is extremely desirable from an environmental perspective.
There's too much at stake this November for us to quit. As we navigate another presidential election year, thoughtful independent journalism is more important than ever. We're committed to bringing you the latest news on what's really happening across the country this election season, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in America.
Quality reporting doesn't come for free, and we don't have corporate backers to rely on to fund our work. Everything we do is thanks to our incredible community of readers, who chip in a few dollars at a time to make what we do possible. This month, we're trying to raise $50,000 to help fuel our election coverage, and we've fallen behind on reaching our goal. Any amount you give today will bring us closer to making our reporting possible—and a generous donor has agreed to match all online donations, so your impact will be doubled.
