Not So Fabulous Fifties

What Women Really Think
May 24 2010 3:42 PM

Not So Fabulous Fifties


Liza, I love your observations about the flip sides of being in your 50s: seasoned professional ready for exciting new challenges or washed-up old-timer whom no one wants. How we view middle-age is an issue with global economic implications. It turns out the lifestyle paradise of Europe is actually a giant pyramid scheme, according to this New York Times story about how reality is descending across the continent. The situation in France verges on the ludicrous. Think of their indulgent government-mandated vacations and short work week and the near-inability to fire anyone. But even these cushy conditions aren’t enough to keep people on the job. By age 50-50!-half of French workers are retired. It sounds lovely to be able to spend decades drinking wine and looking chic, but it’s economically unsustainable. The generation or two that has enjoyed the generous subsidies for health care, child care, and retirement turn out to possibly be the only people who will enjoy it. Europe is facing a seriously dwindling work force and seriously exploding social obligations. The article points out that in the 1950s, there were seven workers for each retiree, but if current trends continue, there will be barely more than one worker for one retiree in 2050. (It’s always dangerous to assume current trends will continue, but it also seems unlikely that an economically squeezed population is going to increase the rate at which it squeezes out new workers.) In this country, our public sector workers have become a European-like class with their burgeoning health care benefits and pensions, and ever-shorter working lives (these obligations are already proving ruinous to state budgets). Nice work if you can get it, and if you can get it, you apparently want to stop as soon as possible.

Emily Yoffe is a regular Slate contributor. She writes the Dear Prudence column. 



Slate Plus Early Read: The Self-Made Man

The story of America’s most pliable, pernicious, irrepressible myth.

Rehtaeh Parsons Was the Most Famous Victim in Canada. Now, Journalists Can’t Even Say Her Name.

Mitt Romney May Be Weighing a 2016 Run. That Would Be a Big Mistake.

Amazing Photos From Hong Kong’s Umbrella Revolution

Transparent Is the Fall’s Only Great New Show

The XX Factor

Rehtaeh Parsons Was the Most Famous Victim in Canada

Now, journalists can't even say her name.


Lena Dunham, the Book

More shtick than honesty in Not That Kind of Girl.

What a Juicy New Book About Diane Sawyer and Katie Couric Fails to Tell Us About the TV News Business

Does Your Child Have Sluggish Cognitive Tempo? Or Is That Just a Disorder Made Up to Scare You?

  News & Politics
Sept. 29 2014 11:45 PM The Self-Made Man The story of America’s most pliable, pernicious, irrepressible myth.
Sept. 29 2014 7:01 PM We May Never Know If Larry Ellison Flew a Fighter Jet Under the Golden Gate Bridge
Dear Prudence
Sept. 30 2014 6:00 AM Drive-By Bounty Prudie advises a woman whose boyfriend demands she flash truckers on the highway.
  Double X
Sept. 29 2014 11:43 PM Lena Dunham, the Book More shtick than honesty in Not That Kind of Girl.
  Slate Plus
Slate Fare
Sept. 29 2014 8:45 AM Slate Isn’t Too Liberal, but … What readers said about the magazine’s bias and balance.
Brow Beat
Sept. 29 2014 9:06 PM Paul Thomas Anderson’s Inherent Vice Looks Like a Comic Masterpiece
Future Tense
Sept. 30 2014 7:36 AM Almost Humane What sci-fi can teach us about our treatment of prisoners of war.
  Health & Science
Bad Astronomy
Sept. 30 2014 7:30 AM What Lurks Beneath The Methane Lakes of Titan?
Sports Nut
Sept. 28 2014 8:30 PM NFL Players Die Young. Or Maybe They Live Long Lives. Why it’s so hard to pin down the effects of football on players’ lives.