Thursday, November 03, 2005

The social model at work in unemployment – I’ve only been lightly following the riots in France, but this statistic is eye-popping: “Overall unemployment in France is 9.8%, but for under-25 Frenchmen the figure is a stunning 23%. Oh well, at least they have "free health care."” Last year, France tried to artificially pump up employment by moving to a four-day workweek but employers simply shifted five days of work onto their employees. Businesses in much of Europe refuse to add workers because the cost of government-mandated benefits drive up labor costs beyond what the market will support.

Extra – From Publius Pundit: “The persistent joblessness, the inability to assimilate immigrants, the government control of every aspect of life and above all the lack of freedom are exactly what’s behind this spreading explosion.”

2 comments:

  1. Whatever happened to the promised stream of leftist celebrities and other assorted asshatted morons moving to Paris to escape iron clutches of the Bush cartel?

    ReplyDelete
  2. Anonymous2:14 PM

    The same thing that happened to the budget surplus, Saddam's WMDs, and Bush's mandate.

    ReplyDelete