Monday, February 12, 2007

As I said...

...once before France is self-screwing:
"The unfettered rein of financial profit is intolerable for the general interest," she said. "You told me simple truths. You told me you wanted fewer income inequalities. You told me you wanted to tax capital more than labor. We will do that reform."

Royal said she would tax companies in relation to what share of their profits is reinvested in equipment and jobs, and what portion is paid to shareholders. She also promised to abolish a flexible work contract for small companies....

Indeed, she seemed to have something to offer to most groups in society without saying how much the combined measures would cost: Under her presidency, she said, young women would get free contraception, all young people would get access to a €10,000 interest- free loan and the handicapped would see their benefits rise.
She being Ségolène Royal, the presidential candidate of the Socialist Party. She also wants to raise the minimum wage to about US$2,000 per month and "and to guarantee a job or further training for every youth within six months of graduating from university."

One of the apparently few groups to whom she doesn't offer anything is the group which actually produces jobs. And unlike overt socialists in the US, she has a good chance of winning.

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