anytime you'd like to make a factual statement would please us all...but i'm sure you know more than the head of their own business federation
[h=1]French economy 'catastrophic’, says business federation[/h] [h=2]President of France’s equivalent of the CBI calls for an end to the 75pc tax rate and 35-hour working week[/h]
By David Chazan, in Paris
10:18PM BST 21 Jul 2014
The head of France’s business federation has called for an end to the 75pc tax rate and to the 35-hour working week, saying the country’s economy is “catastrophic”.
The economy is bad in France.
Earlier this week, the Flash PMI report for June for France showed ongoing economic deterioration at a pace far worse than its Eurozone peers.
That bad news continued today with the latest results from the Insee survey, which tries to measure the French business climate (via Theodore Stanton).
By looking in the right column here, you can see deterioration in every category.
And here's the visual showing how any fledgling economic momentum is fading.
Earlier this week, the Flash PMI report for June for France showed ongoing economic deterioration at a pace far worse than its Eurozone peers.
That bad news continued today with the latest results from the Insee survey, which tries to measure the French business climate (via Theodore Stanton).
By looking in the right column here, you can see deterioration in every category.
And here's the visual showing how any fledgling economic momentum is fading.
The economy is bad in France.
Earlier this week, the Flash PMI report for June for France showed ongoing economic deterioration at a pace far worse than its Eurozone peers.
That bad news continued today with the latest results from the Insee survey, which tries to measure the French business climate (via Theodore Stanton).
By looking in the right column here, you can see deterioration in every category.
And here's the visual showing how any fledgling economic momentum is fading.
Yes. I already stated I'm fully aware of their current economic struggles. Lets not overblow the situation. They are still the 6th largest economy in the world with high scores in the human development index. My point is that saying that France is an example of why mixed economies don't work is delusional. That's all
Saying "France will be fine" is a really poor argument. That's opinion rather than fact. If you want to play that game, couldn't the same be said for the US in defense of a more capitalist society? Not to mention the standard of living in the US is better than France according to HDI. I'm not arguing that France won't be fine, but by no means does France's current situation lead me to believe they are a system the US should strive to emulate.
France will be fine is an opinion obviously. It was not my only defense of France. It's all beside the point anyways. It wad just one state in a list of states I used. I also have never said the us has to emulate their system.
My point and this thread is just an explanation and defense of socialism.
As of 2012, the 10 most powerful nations in the world according to the National Power Index were the United States, china, Russia, France, Japan, United Kingdom, Germany, India, Canada and Isreal, in that order.
http://www.ehow.com/info_8011040_countries-considered-world-powers.html?dmsp=manual
http://www.ehow.com/info_8011040_countries-considered-world-powers.html?dmsp=manual
What I'd like to see is the effective corporate tax rate... because no way in hell a single corporation in America is paying 39.1%.
In the past, the effective rate at the federal level has generally been around 13-14%. Haven't seen anything in the last couple years, though. I would imagine it hasn't changed drastically.
Are you saying we’re a couple of blind squirrels?
Speaking of the Frenchies...
[h=1]French unemployment hits new record in June[/h]
http://euronews.com/2014/07/25/french-unemployment-hits-new-record-in-june/
The number of people without a job in France rose in June to a new record.
The Labour Ministry said the unemployment total in mainland France rose by 9,400 to 3,398,300.
That is a 4.0 percent increase on June last year and up 0.3 percent from May.
It is another blow to Socialist President Francois Hollande.
His popularity has plummeted as he has failed to come good on promises to get more people into work.
He is hoping plans to phase out 30 billion euros of payroll taxes will get companies investing and hiring.
There was some good news as the Labour Ministry said the number of job offers received by the state employment agency had risen 5.4 percent in June from May.
- - - - -
Maybe they just need harder socialist policies to really get their economy roaring again.
But...a crappy economy, high unemployment, failed promises on job creation...all with a socialist captaining the ship? Hmm...this guy reminds me of someone...
[h=1]French unemployment hits new record in June[/h]
http://euronews.com/2014/07/25/french-unemployment-hits-new-record-in-june/
The number of people without a job in France rose in June to a new record.
The Labour Ministry said the unemployment total in mainland France rose by 9,400 to 3,398,300.
That is a 4.0 percent increase on June last year and up 0.3 percent from May.
It is another blow to Socialist President Francois Hollande.
His popularity has plummeted as he has failed to come good on promises to get more people into work.
He is hoping plans to phase out 30 billion euros of payroll taxes will get companies investing and hiring.
There was some good news as the Labour Ministry said the number of job offers received by the state employment agency had risen 5.4 percent in June from May.
- - - - -
Maybe they just need harder socialist policies to really get their economy roaring again.
But...a crappy economy, high unemployment, failed promises on job creation...all with a socialist captaining the ship? Hmm...this guy reminds me of someone...
Ok. Yeah it's so hard to explain why France is a world power
sixth largest economy in the world
one of the five permanent veto having members of in security council
Top 10 militRy spending in the world
GLobal firepower index ranks France 6th most powerful military in the world.
20th in human development index.
All leads clearly to France being a power
I'm just sick of the bullshit double standards in this forum. I never attack anyone personally and only discuss issues.
It's just beyond belief that i state France as a world power. Which is common sense and I thought everyone clearly understands. Someone comes in the thread and laughs about that comment.
When I ask him to explain his wrong point. I have people jump on me that no I have to explain myself.
just didn't think something as dumb as is France a world power would need an explanation
It's just beyond belief that i state France as a world power. Which is common sense and I thought everyone clearly understands. Someone comes in the thread and laughs about that comment.
When I ask him to explain his wrong point. I have people jump on me that no I have to explain myself.
just didn't think something as dumb as is France a world power would need an explanation
