So I’m not a huge fan of France and I’ve definitely been laughing my ass off since they voted in Hollande. Well as things are starting to develop over there I found two articles that speak to the deep fry logic they are embroiled in. Now if you think “Fuck it,it’s France” I beg you to pay attention. For as it is in Paris it soon may well be in D.C. and that should concern any American.
First tell me if some of these items sound familiar to American ears.
“…most important effort made for 30 years”
…two thirds of the savings are to come from tax increases, and only one third from spending cuts.
…spares the middle-classes and the less well-off: the only ones who lose out, he said, are the richest 10%.
…know full well that other measures in the budget hit everybody, including increases in taxes on cigarettes and beer
…namely to allow certain tax exemptions on companies that hired young workers from [areas] with high unemployment.
…discourages them from taking on new workers. This must be because the cost of their labor is, thanks to the taxes, higher than its economic value. Only by lowering the taxes can their labor be made economically worthwhile for an employer.
Lines 1-4 come from The Economist
Numbers 5&6 come from a City Journal article by Dalrymple
I highly recommend both and I DO believe the words resonate with what’s happening in the USA. We are not experiencing the riots and more tumultuous protest marches seen in Europe,at least nothing tied to the economic policies of our nation anyway. Undoubtedly some city somewhere in America will burn a little soon enough secondary to a baseball championship game.The fact remains though that the economic policies being touted here in the States do indeed mirror a level of Euro-fryness and that isn’t good for anyone.
I’d love to expand on this post but I am quite simply too pressed for time in the real world. Please enjoy this sampler and feel free to offer comments. Alfie