{"id":2253,"date":"2013-08-29T13:14:07","date_gmt":"2013-08-29T04:14:07","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=2253"},"modified":"2013-08-29T13:14:07","modified_gmt":"2013-08-29T04:14:07","slug":"wall-street-journal-august-29","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=2253","title":{"rendered":"Wall Street Journal (August 29)"},"content":{"rendered":"<p>\u201cIn 1950 France had five people of working age per retiree. Today it has 1.4, and the ratio is expected to fall to 1.2 by 2050.\u201d France\u2019s newly unveiled pension reform will not \u201cdefuse\u201d the pension bomb. \u201cPaying for a growing number of retirees with a pay-as-you-go system that invests little for the future is a losing game. It will ultimately require much smaller pensions or much higher taxes, a fact that French businesses understand well even if the political class won&#8217;t admit it.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIn 1950 France had five people of working age per retiree. Today it has 1.4, and the ratio is expected to fall to 1.2 by 2050.\u201d France\u2019s newly unveiled pension reform will not \u201cdefuse\u201d the pension bomb. \u201cPaying for a growing number of retirees with a pay-as-you-go system that invests little for the future is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[42,2573,165,2575,302,867,51,2574,408,1862],"class_list":["post-2253","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-business","tag-defuse","tag-france","tag-pay-as-you-go","tag-pensions","tag-politics","tag-reform","tag-retirees","tag-taxes","tag-workers"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2253"}],"version-history":[{"count":0,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/2253\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}