The hard part is that generous promises become politically impossible to unwind, even when borrowing costs and demographics make the math increasingly unforgiving
French protestors want higher public spending, wages, subsidies and pensions. Meanwhile France has govβt spending of 57% of GDP (among highest of Western countries), deficits of 5% of GDP, 10 year bond rate >5%, and a currency they donβt control. I donβt understand how this ends.
That framing overlooks the economic reality many young people face: stagnant wages, high housing costs, and limited security make the system feel rigged, not merely enviable