Wednesday, July 4, 2007

Deluge Sprinkler Coverage

Perfect, Giavazzi!

Today in Italy there are three elderly people aged 65 years about every ten people of working age, 15-64 years. Fifteen years there will be four, in 2050, when our children will want to retire, seven. That is, ten people of working age will have to produce enough to sustain over 17 (well, because there will be children and young people under the age of sixteen).
But in Italy, as you know, participation in the labor market is very low, not all of those ten people of working age work. It is estimated that in 2050 so that every worker should support more than two people: himself, an elderly and perhaps even a child. It 'obvious that at that point or you will work longer, well over 65 years, retirement or more will not guarantee a dignified retirement. E 'right now is retiring at age 57, knowing that our children will have to work up to seventy? In Spain and the Netherlands the age limit is 65 years in Sweden 65 years with 40 years of contributions, and in Germany 63 years and 35 years of contributions, in France, from January 1 ˚, you will have paid 40 years of contributions; in Switzerland 65 years and 44 contributions.
We read on page 169 of the electoral program of the Union: "With the increasing trend in life expectancy, the gradual lengthening of the working career should become a physiological fact." Exactly! From Jan. 1 ˚ come into force The Maroni law that raises from 57 to 60 years the minimum age for retiring with 35 years of contributions. The law was passed in 2004, three years before the entry into force.
This is because the Berlusconi government accepted the unions' request for a reasonable notice. I notice three years have passed and it is time to apply what the law requires. The unions, who had also accepted the Maroni law, now require a new shift of time allowing for a more gradual change in the rules. But if you prefer a gradual increase in retirement ages, why do not they have agreed three years ago? Today we arrived at the age minimum of 60 years without stairs.
The truth, as Tito Boeri wrote in La Stampa - and supported Emma Bonino in Rome yesterday - is that trade unions and the radical left does not want any increase in the rather prefer a giant staircase - from 57 to 70 years-if not applies only to us but to our children. Often left-wing governments that are more successful are those preceded by a right-wing government. The reason is that the right is less influenced by the unions, and often this fixes the issues, the labor market, pensions - which is more complicated for the left tackle.
The decade of Tony Blair would not have received valuations both favorable and if he had not ruled before Margaret Thatcher. The same is happening in Spain Jose Luis Zapatero, who rules in the wake of the reforms undertaken by José Maria Aznar. In Paris, the Socialists hope that the more intelligent attempt to Sarkozy turning France, from the labor market to universities, to be successful and then inherit a country transformed. Romano Prodi has no such luck: Berlusconi, despite the wide majority in Parliament, for the most wasted opportunity, especially when it came to liberalize the economy.
But in two areas, the center-right has launched significant reforms: in the labor market, the Biagi law and the law on pensions Maroni. In both cases just enforce laws already in force. It can be so shortsighted as not to follow the example of Blair and Zapatero and throw away this opportunity?

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