If France fixed its problems with labor flexibility, it could be catapulted forward by higher growth and lower unemployment, which would make the whole system much more sustainable. Generations of French would still be able to take their long lunches and longer vacations. Full Story »
Posted by Kaizar Campwala
A decent little piece on the promise of renewed French economic wisdom. But a bit one-sided. The notion that France's 8.7% unemployment is sky high overlooks that ours is at least that if not more if one considers underemployment and those no longer seeking work in middle-age frustration over the outsourcing of their careers. And to say that Thatcher revived Britain with liberalized markets is to overlook the rampant inequality she created and which later was tempered by generous social safety nets.
Organized for comprehensive news coverage that results in stories and opinions from the full range of the political spectrum. Today I read an opinion piece from the New Republic and another by Khadafi in the Boston Globe.
I just stumbled on News Trust, but I am going to make a point of spreading the word about this great resource.
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