Protests over Pension Reform in France
In France President Nicholas Sarkozy says he will press ahead with planned pension reforms. More than a million people took to the streets Tuesday to protest his plans which include raising the retirement age from 60 to 62. In addition, blockades at French refineries are causing widespread fuel shortages and about 400 schools are closed. The reforms aim to boost France’s longer term economic prospects, but protesters and others in contend the concessions are being unfairly foisted on French workers: understanding the pension reform crisis in France and its relevance to austerity efforts elsewhere.
anchor at French Television
professor of entrepreneurship at MIT's Sloan School of Management, a senior fellow of the Peterson Institute for International Economics and author of the book "13 Bankers."
chief economist, AFL-CIO
senior fellow, The Brookings Institution