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Macron raises minimum wage to appease Yellow Vest protesters
France24 ^ | 12/10/18

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 ...


TOPICS: Extended News; Foreign Affairs; News/Current Events
KEYWORDS: emmanuelmacron; europe; europeanunion; france; globalwarminghoax; macron; protests; raisewage2paytaxes; yellowvest; yellowvests
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1 posted on 12/10/2018 8:35:18 PM PST by aquila48
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To: aquila48

French Revolution II...better hope it does not come with the heavy use of guillotines, Macron........


2 posted on 12/10/2018 8:37:04 PM PST by cranked
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To: aquila48

And how is more unemployment going to help the situation?


3 posted on 12/10/2018 8:37:54 PM PST by Toughluck_freeper
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To: Toughluck_freeper
It's not ... but apparently, at least part of the Yellow-Vest crowd's beef with Oedipus Macron is that he's not socialist enough
4 posted on 12/10/2018 8:39:47 PM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: aquila48

Everyone still wants socialism. But they’re almost out of other peoples’ money.


5 posted on 12/10/2018 8:40:31 PM PST by lurk
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To: aquila48

When Ceausescu gave his final speech, he promised wage hikes.

It didn’t save him.


6 posted on 12/10/2018 8:42:36 PM PST by dfwgator (Endut! Hoch Hech!)
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To: aquila48

Venezuela is coming.


7 posted on 12/10/2018 8:44:08 PM PST by o-n-money (We should rename California to Newer Mexico.)
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To: aquila48

What does he think he is, a tin pot dictator or a king or emperor?


8 posted on 12/10/2018 8:44:46 PM PST by Reno89519 (No Amnesty! No Catch-and-Release! Just Say No to All Illegal Aliens! Arrest & Deport!y)
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To: aquila48

Wait, he can do this on his own? He does not need Le Parliament to change the law? Is he President or King?


9 posted on 12/10/2018 8:49:01 PM PST by nwrep
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To: dfwgator

[When Ceausescu gave his final speech, he promised wage hikes.]

Wow. Fitting.


10 posted on 12/10/2018 8:50:48 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Toughluck_freeper

It won’t, but Macron and the lefties will feel good. That’s all that matters.


11 posted on 12/10/2018 8:56:07 PM PST by DennisR (Look around - God gives numerous, indisputable clues that He does, indeed, exist.)
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To: aquila48

Have they rounded up the Rich Elite and ransacked their Houses yet?


12 posted on 12/10/2018 8:59:16 PM PST by Kickass Conservative (Democracy, two Wolves and one Sheep deciding what's for Dinner.)
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To: aquila48

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!


13 posted on 12/10/2018 9:06:30 PM PST by pacificus
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To: aquila48

Raise it 100 Euros and tax them 65.


14 posted on 12/10/2018 9:11:11 PM PST by Blood of Tyrants (Twitter is Trump's laser pointer and the DemocRats are all cats.)
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To: pacificus

“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.


15 posted on 12/10/2018 9:22:49 PM PST by aquila48
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To: aquila48

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.


16 posted on 12/10/2018 9:26:41 PM PST by pacificus
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To: aquila48

“macron”, is that French for “wanker”?


17 posted on 12/10/2018 9:27:52 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 frm 50% increase in 1.2183 yrs)
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To: aquila48

What magic wand does Macron have?

Definitely not Trump’s.


18 posted on 12/10/2018 9:31:42 PM PST by mindburglar (Don't bother. I don't debate.)
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To: Toughluck_freeper

the current numbers for France’s unemployment is bloated & artificial.

too many muzzies at home courtesy of the french franc


19 posted on 12/10/2018 9:43:55 PM PST by thesligoduffyflynns (get off my lawn)
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To: aquila48
He said people on the minimum wage would see their salaries increase by €100 a month from 2019 without extra costs to employers.

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.


20 posted on 12/10/2018 9:46:13 PM PST by KarlInOhio (Leave the job, leave the clearance. It should be the same rule for the Swamp as for everyone else.)
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