mears said:France needs to give private Business some incentive to hire more people, young and old alike. According to this article, the unemployment rate for French under 25 years old is 23 percent. I wonder what the unemployment rate is for immigrant, or first generation French under 25, 40%, 45%?
Tax breaks for private companies and a loosening of labour standards is in order. Cushy jobs are lovely, but forcing private, tax-paying companies to extend 4 week vactions, big pension benefits, and full healthcare makes hiring people mighty expensive.
Pension obligations will continue to incease for a huge demography ready to retire and draw those pensions. Anyone who thinks France can afford massive government investment for its youth and pay these oldies benefits is dreaming.
Gernmany and France will have to accept that dreaded Anglo- American capitalism by default. The sooner they realize it the better.
Total bullshit. The people from the cites won't be any better off. They will be the ones doing the crap McJobs making money for the people at the top who proclaim how wonderful capitalism is.