Hollande to French Business: The Beatings Will Continue Until Morale Improves
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  • Jacksonian Libertarian

    It’s the Socialist Welfare State that is bankrupting Europe, and the same thing is happening in the US. Socialism has never worked, and can never work, because the Government Monopoly like all monopolies lacks the feedback of competition that forces continuous improvements in Quality, Service, and Price in the Capitalist System.

  • Last time I checked France was still a democracy (sort of). The voters get the government they deserve. The French, like the PIIGS, demand more wealth paid to them than they are willing to create. Bummer, huh? And they demand continued wealth as they age even while refusing to populate future generations required to pay their bills. Darn.

    Europe had a good run, but spoiled themselves into actually believing they no longer needed to procreate or work. Oh, well…

    As long as WE (via the IMF) don’t squander our tax money on people who don’t even believe in the future enough to populate it, their disappearance is not our problem.

  • Kris

    For francophones, Sarkozy’s good-bye (and good riddance).

    (This is not meant as an endorsement of anything else on the site.)

  • Snorri Godhi

    Maybe the French made a good choice: they punished Sarkozy for his irresponsibility, and managed to replace him with somebody who, just possibly, has more good sense than his “Socialist” label suggests.

  • Eurydice

    The transformation from the candidate’s “change is now” to the incumbent’s “change takes time” doesn’t seem particular to socialism to me – it’s the basic law of politics.

  • Europe had a good run, but spoiled themselves into actually believing they no longer needed to procreate or work.

    French and British fertility rates are adequate and rates have over the last 15 years been improving in Europe in general. Where you see an abiding and stubborn problem is in Germany and Austria.

  • John Galt

    Reality bites – even hopey changey pols, socialist or however denominated.

  • Sam L.

    Why thinkst thou that, Snorri?

  • Dr. Kenneth Noisewater

    If they could learn, they wouldn’t be socialists.

  • RS

    It’s ok.

    The socialists are planning to take the French auto industry into green electric cars.

    Small, yet expensive, cars that don’t go very far.

    A certain success!

  • Mastro

    To paraphrase someone I just heard- Socialists just seem to think that businesses have a pot of money somewhere- and that the government can tax them without serious harm.

    Might be because that is how Socialist states run their finances- or they have grown cynical from watching businessmen take “ski trips” to Switzerland a week or two before the end of every business quarter.

  • John Galt II

    “French and British fertility rates are adequate and rates have over the last 15 years been improving in Europe in general. Where you see an abiding and stubborn problem is in Germany and Austria.”

    I’m not sure this is good news, even for the French. If the only economy in Europe that works, yes in both senses of the phrase, disappears…who is going to continue to bail out the rest of the EU?

  • Ray

    “French and British fertility rates are adequate and rates have over the last 15 years been improving in Europe in general. Where you see an abiding and stubborn problem is in Germany and Austria.”

    Is the French and British population native growth or is it driven by Muslim population growth? Their Muslim citizens don’t seem to be well integrated into the native culture.

  • “You cannot build a successful economy by punishing and penalizing legitimate business anymore than you can raise morale by beating the crew.”

    Yes. And if that lesson could be more or less universally imbibed, why, I reckon we’d all be halfway to the goalpost. THEN if only we could convince certain legitimate businesses that morale-raising does not consist mainly of beating the crew. No doubt such employers are pitifully few – and especially here in the God-fearing US. Though, to be frank, I’m a little amazed at how the stories I hear (not a few of them first-hand) from a certain high-profile coffeehouse chain keep piling up – and getting uglier too. Indeed, judging from the quality of service I encounter lately – not RUDE, but overwhelmed, flustered and spinning in a dozen directions – I’m inclined to believe them (what was it a worker I know overheard from a customer not too long ago: “Gee, do you folks have a KNIFE I might cut this tension with?”).

    Of course one might argue: “Much too early to judge.” But decades from now, when more nearly ALL possible factors that may have delayed, impeded or strangled recovery are dredged from the lagoon – to stretch a metaphor – of economic history, won’t it be fascinating to see what small, presently hidden, and today seemingly insignificant CULTURAL details come bubbling to the surface?

  • Is the French and British population native growth or is it driven by Muslim population growth? Their Muslim citizens don’t seem to be well integrated into the native culture.

    The precise share depends on the data source you consult, but the proportion of muslims in France exceeds the European mean by about 25%, which is to say it stands at 6-7.5% v. a European mean of 5-6%. The muslim share in Britain is lower. So, no.

    France’s muslim population are generally from the Maghreb. The weighted average of the total fertility rates of the Francophone Maghreb puts it at about 2.3, depending on which source you consult. The Near East, North Africa, and Central Asia have between them a common fertility rate of around 3.1 and falling. High fertility of 6-7 live births per mother are found in the poorest countries (i.e. Yemen and the Sudan) which do not have much of a migration pipeline to Europe. The feeder countries are just not exceptionally fertile.

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