{"id":398610,"date":"2025-09-05T00:32:12","date_gmt":"2025-09-05T00:32:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/398610\/"},"modified":"2025-09-05T00:32:12","modified_gmt":"2025-09-05T00:32:12","slug":"squeezed-french-millennials-blame-boomers-in-backlash-over-soaring-deficit","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/398610\/","title":{"rendered":"Squeezed French millennials blame boomers in backlash over soaring deficit"},"content":{"rendered":"\n<p class=\"yf-1090901\">By Michel Rose<\/p>\n<p class=\"yf-1090901\">PARIS (Reuters) -A viral French X account has tapped into rising generational tensions in France, where squeezed millennials rallying under the slogan &#8220;Nicolas foots the bill&#8221; say that better-off baby boomers should do more to fix the country&#8217;s huge deficit.<\/p>\n<p class=\"yf-1090901\">With the government facing collapse over how to plug the euro zone&#8217;s biggest deficit, younger workers are increasingly accusing the boomer generation, those born between 1945 and 1964, of saddling France with unsustainable debt.<\/p>\n<p class=\"yf-1090901\">The creator of the &#8220;NicolasQuiPaie&#8221; X account, which has drawn over 74,000 followers, told Reuters he launched the movement to defend his generation, arguing politicians tend to cater to pensioners who vote more reliably.<\/p>\n<p class=\"yf-1090901\">&#8220;They have so much voting power that no effort is ever demanded of them. So politicians keep squeezing workers,&#8221; he said in a written interview, asking to remain anonymous to protect his career.<\/p>\n<p class=\"yf-1090901\">French pensioners retire early, and their generous pensions have risen with inflation, unlike wages, helping to shield them from cost-of-living crises. As they live longer, they are straining a post-war pension system that is struggling to keep pace with modern demographics. Meanwhile, their once-affordable homes are increasingly inaccessible for first-time buyers.<\/p>\n<p class=\"yf-1090901\">On social media, the hashtag #NicolasQuiPaie has gone viral, with thousands identifying with &#8220;Nicolas,&#8221; a fictional millennial &#8211; people born in the 1980s and 90s &#8211; whose taxes they say disproportionately fund France&#8217;s generous welfare state.<\/p>\n<p class=\"yf-1090901\">While the left has largely dismissed #NicolasQuiPaie, politicians from the right and far right have sought to court the movement, hoping to marshal the grassroots anger at a time when every vote counts in France&#8217;s deeply polarised parliament.<\/p>\n<p class=\"yf-1090901\">&#8220;There&#8217;s a form of hypocrisy because those who want to take advantage of the movement are those who have constantly defended pensioners,&#8221; Maxime Sbaihi, a demographics expert, told Reuters, adding that people over 50 now account for a majority of voters.<\/p>\n<p class=\"yf-1090901\">A self-styled libertarian and &#8220;minarchist,&#8221; a proponent of minimal state intervention, the creator of the X account told Reuters he comes from a middle-class background.<\/p>\n<p class=\"yf-1090901\">His memes often show a burned-out, 30-year-old Nicolas in a work shirt paying to sustain the lifestyle of 70-year-old &#8220;Bernard and Chantal&#8221; sipping cocktails on a chaise longue. He says clashes with older users have been &#8220;very tense.&#8221;<\/p>\n<p class=\"yf-1090901\">&#8220;Even when you raise the issue of pension-funding calmly and factually, there&#8217;s a wave of hatred toward young people,&#8221; he said, adding he had received insults like &#8220;slacker&#8221; or replies such as &#8220;do you want to euthanasia us?&#8221;<\/p>\n<p> Story Continues <\/p>\n<p class=\"yf-1090901\">His portrayal of &#8220;Nicolas&#8221; also funding a fictional &#8220;Karmic&#8221; &#8211; a typically North African name &#8211; has sparked accusations of xenophobia and far-right leanings, which he denied.<\/p>\n<p class=\"yf-1090901\">He says the movement has no formal structure, doesn&#8217;t feel represented by any existing party, but hopes to exert pressure on governments and influence parties ahead of elections.<\/p>\n<p class=\"yf-1090901\">&#8220;It&#8217;s up to them to get off the beaten track and bring concrete solutions to the economic and security problems we&#8217;re going through,&#8221; he said.<\/p>\n<p class=\"yf-1090901\">NON-PARTISAN, BUT POLITICALLY COURTED<\/p>\n<p class=\"yf-1090901\">Some older French rejected being blamed for France&#8217;s woes.<\/p>\n<p class=\"yf-1090901\">&#8220;We don&#8217;t have a boomer problem, we have a budget problem,&#8221; said Patrick Sorel, 67, as he walked in Paris with his baguette under his arm. &#8220;We paid for Nicolas&#8217; education and Nicolas&#8217; studies. Politicians need the courage to ask everyone to contribute.&#8221;<\/p>\n<p class=\"yf-1090901\">Yet some politicians &#8211; including several boomers high up in the government &#8211; have shown a degree of sympathy for the concerns of &#8220;Nicolas&#8221;.<\/p>\n<p class=\"yf-1090901\">Conservative Interior Minister Bruno Retailleau said &#8220;there&#8217;ll be a revolt&#8221; if employed people like &#8220;Nicolas&#8221; are the only ones asked to contribute to cutting the deficit, while centrist Prime Minister Fran\u00e7ois Bayrou, who looks certain to lose his job in a parliamentary confidence vote on September 8, recently criticised &#8220;boomers who think everything is fine&#8221;.<\/p>\n<p class=\"yf-1090901\">According to an Elabe opinion poll published on Thursday, a majority of the under-35 agree with Bayrou, while 84% of the over-50 reject this view.<\/p>\n<p class=\"yf-1090901\">Bayrou, 74, had proposed not indexing pensions to inflation in next year&#8217;s budget to help reduce the deficit, prompting an outcry across party lines.<\/p>\n<p class=\"yf-1090901\">Economists say millennials have a point.<\/p>\n<p class=\"yf-1090901\">Sbaihi said that while generational inequality is widespread in developed countries, it&#8217;s especially stark in France.<\/p>\n<p class=\"yf-1090901\">The pension system relies on intergenerational transfers, meaning today&#8217;s workers don&#8217;t save for their own pension but fund retirees directly via mandatory levies on their payslips. With longer lifespans, millennials now support an unprecedentedly large cohort of ageing boomers.<\/p>\n<p class=\"yf-1090901\">&#8220;No country has ever treated pensioners better than today&#8217;s France,&#8221; Sbaihi said. &#8220;The baby-boom generation lived through a golden age, but doesn&#8217;t quite grasp the impact of its demographic weight.&#8221;<\/p>\n<p class=\"yf-1090901\">(Additional reporting by Leigh Thomas; writing by Michel Rose; editing by Gabriel Stargardter and Mark Heinrich)<\/p>\n","protected":false},"excerpt":{"rendered":"By Michel Rose PARIS (Reuters) -A viral French X account has tapped into rising generational tensions in France,&hellip;\n","protected":false},"author":2,"featured_media":398611,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5309],"tags":[17394,12329,2000,299,36,137582,14200,3126,73062],"class_list":{"0":"post-398610","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-baby-boomers","9":"tag-deficit","10":"tag-eu","11":"tag-europe","12":"tag-france","13":"tag-maxime-sbaihi","14":"tag-millennials","15":"tag-pensioners","16":"tag-politicians"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115148878248055198","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/398610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=398610"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/398610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/398611"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=398610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=398610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=398610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}