November 8, 2012

What the French Can Teach America

Liz Peek, The Fiscal Times

AP Photo

We could right now learn a thing or two from the Socialists in France. You heard that right – I find inspiration in the left-wing government of the Fifth Republic where growth has stalled and unemployment tops 10 percent. For a group whose first instinct was to slap a 75 percent marginal income tax rate on high earners, a government-sponsored report just out on how to stem the country’s competitive decline is a revelation. Commissioned by France’s new leadership, the paper recommends 22 measures to “stop the slide” and deliver what the author describes as a “competitiveness shock.”

Read Full Article ››

TAGGED: global economy, United States, France

RECOMMENDED ARTICLES

November 6, 2012
Why Global Opinion Shouldn't Matter Today
James Kirchick, Daily News
Global prosperity depends upon it. And our status as global superpower — something that America did not seek and only reluctantly accepted — is unique in that it has not been achieved via conquest and exploitation, as was the... more ››
October 28, 2012
Why Britain Is Vital for the EU
Ulrich Speck, Carnegie Endowment
Those who shrug at the prospect of losing Britain at the heart of Europe should think twice. Britain is a key element for the complex balance of power inside the EU. It is also still a power with global reach. Without... more ››
November 7, 2012
France Is Running Out of Time to Restrain Germany
Gerard Errera, FT
Is Germany becoming the new Gaullist state of Europe? It has fiercely opposed fully rescuing eurozone countries, forcing the EU to repeatedly act too little too late. Chancellor Angela Merkel has given up on nuclear energy,... more ››
November 7, 2012
French State's War on French Economy
Fabio Rafael Fiallo, RealClearWorld
In 2000, France's Prime Minister Lionel Jospin, leader of the Socialist Party and a Trotskyite in his youth, caused public outrage by acknowledging that, in the economic realm, "the state cannot do everything." Everywhere else... more ››
October 31, 2012
In France, a License to Rape?
Valeria Costa-Kostritsky, Voices
There seems to be a feminist revival in France. The promise made by François Hollande during the presidential campaign that his new government would be 50 per cent female has been kept. The ministry of justice led by... more ››