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And a fountain of youth too. The reality was that France's employment rose when U.S. growth lifted the global economy. Once the American economy slowed, France awoke from its dream. For one thing, those new jobs had been subsidized with about $10.6 billion in government tax rebates to companies. Unsurprisingly, the artificial jobs produced artificial higher output. Meanwhile, tax revenue has fallen, with Budget Minister Alain Lambert estimating that the 35-hour law costs the country $17.6 billion each year
www.opinionjournal.com...
Originally posted by Corinthas
www.sfgate.com.../chronicle/a/2004/09/05/RVGEV8F29O1.DTL
A interesting article suggesting the American dream is succoming to a new European model.
I am sure this will get a responce or two...
Originally posted by Corinthas
Don't try to analyse EU living standards and claim its not a dream... the US "dream" is a lie to get people to emigrate to a life of wage slavery to corporations with no guarantee of social security or health care.