22 replies to this topic

[Casen]

The socialist scum got pwned, methinks.

Let us all celebrate.

[chemical ali]

Yes, but think of the unemployment rate once those civil servants all get sacked....not to mention that with Sarkozy, employers will not have to hire as many people once current workers start working more than 35 hours a week.

Sarkozy is likely to create even greater unemployment with his neo-liberal policies, which will largely affect the poor immigrants....the ones who are gonna riot.

Trosh, besides its more important to control inflation than unemployment, the government throwing money at the problem will only make it worse. Its best for the free market to lower the wage price naturally which will reduce unemployment.

[ched]

Yes, but think of the unemployment rate once those civil servants all get sacked....not to mention that with Sarkozy, employers will not have to hire as many people once current workers start working more than 35 hours a week.

Sarkozy is likely to create even greater unemployment with his neo-liberal policies, which will largely affect the poor immigrants....the ones who are gonna riot.

he will not sack them straight away; since most of them are close to their retirement, he decided not to replace one out of 2 civil servants.

and his economical policy will indeed create unemployment on the short term, but that tendency will reverse on the long term.

1. He decided to give more people more incentives to work (higher wages for extra hours, reduction of taxes for companies that hire more ...), so that companies will be more and more productive.
2. Once a high productivity is reached, companies will be very competitive, and consumption of French products will occur both on the national territory, and outside it (consumption and exportation, which both account for 85% of the GDP)
3. The more demand there is, the more employees you need. There, companies will have to hire again.

the only problem currently lies in the fact that the ECB is going for a strong currency policy, and exportations cost a hell lot while importations become very cheap. That policy makes sense if € is to become the international currency, since high interest rates and strong currencies attract to investment funds.
So far, I think € is used in about 25% of the international trade, $ making up for the rest. Not bad for a currency that was introduced just 5 years ago

To balance with this, and keep up with the program Sarkozy launched, we need to fight against inflation, so that our prices remain rather low, and that consumption can keep going (since protectionism is forbidden by the WTO).