Friday, September 5, 2014

France must reform its labour rules. The Unions must be tamed. The 35 hr week is nonsense. And employers must be allowed to hire and fire - mobility of labour is imperative. The only way economies can be rescued is by relaxing labour rules and by encouraging employers and would be employers to take on more workers - but the regulations must be permanent. If more people are in employment, social security payments will be reduced, income taxes will rise, overall production will rise and the voters will feel more content. Do not allow Unions to dictate nor politicians who buy votes by promising more entitlements. Many people will inevitably vote for freebies but politicians need to be responsible....The 35-hour limit to the working week, regardless of who you are and what you do (except of course M. Hollande, who has much more important things to do and not enough time to do them in...) stems from the stupid left-wing idea that there is a finite amount of work to go around. It was introduced as a way of supposedly reducing unemployment by sharing this work around. This naivety is shared by lefties everywhere, and explains why health, education and other needs of society must be shared out equally. Hence the leftie hostility to buying a better education or private health care. In fact work creates work (ask any successful self-employed person). Being creative, whether it be widgets, services or arty-farty things generates the demand for further widgets, services and art-farty things, and more jobs, for as many hours as people are willing to work. The French have been unbelievably stupid in failing to see this, so it is no surprise that they have shot themselves in the foot and their economy is barely breathing. Mind you, this disease is not limited to the French; the UK has a healthy dose too. The mind boggles at what this nation of ours could achieve if government and the EU was not stifling enterprise with excessive taxes, rules and regulations.

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