why Emmanuel Macron’s reform will certainly not be the last


Elisabeth Borne and Emmanuel Macron on a banner against the pension reform. STEPHANE MAHE / REUTERS

DECRYPTION – If the head of state wants to put this thorny issue back on the job, his successors will no doubt have to tackle it too.

The twenty-year-old archive has made the headlines of social networks. Sitting at his desk in Matignon in the spring of 2003, Jean-Pierre Raffarin, then Prime Minister of Jacques Chirac, develops a whole argument to defend a pension reform carried by his Minister of Social Affairs, a certain François Fillon. “We cannot be in the status quo today. Because you won’t have enough people to pay for other people’s pensions. So what are they going to see happen, these people that I respect and who demonstrate? If we do not reform, they will see their pensions collapse», proclaims the leader of the majority. And to continue:When you have fewer and fewer people who are going to pay and more and more people who are going to receive… There, there will be a problem.»

Although the dialectic dates from two decades ago, it could be taken up almost word for word by Elisabeth Borne’s team, who presented her reform to the Council of Ministers in mid-January. And it could also be hammered by one of its successors, in a few years. Because in the sometimes technical debate on pensions, all economists agree: this reform should not…

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