Posted on 12/10/2018 8:35:18 PM PST by aquila48
French President Emmanuel Macron announced on Monday a 100 per month increase in the minimum wage from next year in a major concession to Yellow Vest protesters who have roiled the country.
In his first national address following two weekends of the worst unrest in France in years, Macron sought to restore calm after accusations that his political methods and economic policies were fracturing the country.
"We want a France where one can live in dignity through one's work and on this we have gone too slowly," Macron said on primetime television. "I ask the government and parliament to do what is necessary."
The president's address came 48 hours after protesters fought street battles with riot police in Paris, hurling missiles, torching cars and looting shops.
Macron faces a delicate task: he needs to persuade the middle class and blue-collar workers that he hears their anger over a squeeze on household spending, without being exposed to charges of caving in to street politics.
'A few important measures, but no U-turn on wealth tax'
He said people on the minimum wage would see their salaries increase by 100 a month from 2019 without extra costs to employers. Pensioners earning less than 2,000 would see the recent increase in social security taxes scrapped. Other measures promised include the abolition of taxes on overtime pay in 2019 and asking profit-making companies to give workers tax-free year-end bonuses
However, he also said he would stick to his reform agenda and refused to reinstate a wealth tax.
"We will respond to the economic and social urgency with strong measures, by cutting taxes more rapidly, by keeping our spending under control, but not with U-turns," Macron said.
(Excerpt) Read more at france24.com ...
French Revolution II...better hope it does not come with the heavy use of guillotines, Macron........
And how is more unemployment going to help the situation?
Everyone still wants socialism. But they’re almost out of other peoples’ money.
When Ceausescu gave his final speech, he promised wage hikes.
It didn’t save him.
Venezuela is coming.
What does he think he is, a tin pot dictator or a king or emperor?
Wait, he can do this on his own? He does not need Le Parliament to change the law? Is he President or King?
[When Ceausescu gave his final speech, he promised wage hikes.]
Wow. Fitting.
It won’t, but Macron and the lefties will feel good. That’s all that matters.
Have they rounded up the Rich Elite and ransacked their Houses yet?
So he’s raising (stealing from workers) fuel taxes by 100’s per month, and stealing $100 a month from employers?!?!! To pay for it!
Genius!
Raise it 100 Euros and tax them 65.
“He said people on the minimum wage would see their salaries increase by 100 a month from 2019 without extra costs to employers.”
He’s a magician.
Some real David Copperfield stuff.
This guy is early 40’s?
He’ll never see 50. The Frenchie’s want blood. No way he lasts ten years.
“macron”, is that French for “wanker”?
What magic wand does Macron have?
Definitely not Trump’s.
the current numbers for France’s unemployment is bloated & artificial.
too many muzzies at home courtesy of the french franc
And for his next magic trick he'll pull a half euro coin from a child's ear to pay for an hour's increase.
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