As we all know the world is in a recession, it isn’t just the US getting hit by tough economic times. The French government has been crafting their own economic stimulus plan.
Prime Minister François Fillon on Monday rejected demands that the French government seek to stimulate consumer spending, rather than follow his plan to stimulate corporate and infrastructure investment, to lift France out of its economic slump.
“It would be irresponsible to chose another policy, which would increase our country’s indebtedness without having more infrastructure and increased competitiveness in the end,” Fillon said in a speech in Lyon.
More than 1.1 million people took to the streets across France last Thursday, according to the Interior Ministry, with unions putting the number of protesters at 2.5 million, to call on President Nicolas Sarkozy to stop cutting government jobs, increase the minimum wage and spend more on households as the economy enters its first recession since 1993.
Opponents of the government have been calling for an “Obama-style” stimulus plan, one that puts money directly into the pockets of working people. Read full story.
Of course the French are protesting the cutting of government jobs!
It is a Socialist nation, and therefore the predominance of citizens work for the government. It requires an enormous number of government workers to dole out all those free services and all that free money.
God forbid the workers who are protesting should go out and start their own businesses or get jobs in the ever-declining private sector. Oh, wait — that would require them to think for themselves, a near impossibility in a Socialist country.
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