The Moochers and Looters in France Are Running Out of Victims
Sounds like an economic version of World War Z.
Too much democracy is fatal to any republic.
I know a Frenchman who owned and operated five businesses in France. He said the government made it impossible to operate at a profit. You pay your taxes on the first of the year based on what the government says you’re going to make. Then, you pay hell getting back the difference when you don’t make that much. (He implied you couldn’t.) He said that to go out of business he’d have to pay his employees for an additional five years. So, one Friday he locked up everything and moved to America. He is now living in Tampa in a doublewide and working for somebody else. (So, obviously he didn’t go profitably under but just left so he could survive.)
Waaah!!!!!!!!!!!!!! I’m an outraged socialist, and I’m mad at all these austerity programs. I demand the government i.e. taxpayers fund my indolent lifestyle and my right to retire when I’m about thirty-eight or so. Waaahhhhh!!!
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Bump
The government only spends 57% of the GDP? They’ve cut to the bone. There’s nowhere left to cut. What about the children? What about the do-nothing government workers? The useless departments? The bloated salaries and pensions? The union hacks?
“plans to cut spending next year in absolute terms for the first time since 1958, “
A dollar sez it never happens.
“To be somewhat optimistic, it’s worth noting that governments will do the right thing when there’s no other alternative.”
That’s not optimism. That’s delusion. The only people who ever cut are those who campaigned on cutting, whose great interest is in cutting, and who cannot be blocked from cutting.
If something isn’t done, France will suffer a Greek-style crisis as investors lose trust in the government’s ability to pay its bills.
Can't governments just print money? Even if they can't do that, can't they steal what they want?
Oh, by the way, what if the "investors" are the power behind the throne, and their intent is to force an "investment" crisis whose resolution will hand them still greater control over the state?