My brother, freshly back from Paris last week, reports piles of garbage everywhere.
“Though it’s French garbage,” he observed. “More refined.”
Until rioters set it on fire, that is. All burning garbage is alike.
It’s the result of the nationwide protests that have rocked France for weeks, outcry over the national retirement age being raised from 62 to 64.
We should be watching this unrest carefully here in Chicago, a city with a nearly $34 billion unfunded municipal pension liability. Double the size of the annual city budget. It’s almost funny to see our two mayoral candidates talk about how they’re going to finance their pie-in-the-sky, cop-on-every-corner dreams of urban perfection by digging into the sofa cushions and holding bake sales and cutting corruption. One dollar in five spent by the city services its pension debt. The next mayor will be lucky to maintain the status quo, to send the occupying army of retirees their checks while continuing to put out fires. We should scrap our motto, Urbs in Horto, “City in a Garden,” and replace it with Urbs in Foraminis, “City in a Hole.”
It’s fun to sneer at the French — socialist shovel-leaners complaining about their sweet retire-at-62 perk shifting to a not bad retire-at-64. But at least they’re trying to do something. Our solution is to sell the family silver, or parking meters, kick the can down the road, and hope for a miracle.
I should point out that U.S. Social Security also kicks in at 62, though it starts out at such a pittance, the general advice is to wait as long as possible, so it can grow into something you can scrape by on, maybe.
If I combine it with the smoldering scraps of our exploded newspaper pension, and judicious, this-has-gotta-last-me sips at my 401(k), and it might add up to a kind of subsistence. I certainly won’t be nursing a pastis at a cafe on the Rue Mouffetard.
Then again, I might be an oddity. Most of my fellow columnists have already hung up their spikes — whether defenestrated by the corporate butchers who bought the Chicago Tribune or shown the gate for an ill-considered joke at the Washington Post or various colleagues stepping down at the Sun-Times.
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