Jean-Luc Mélenchon has what France needs. Sarkozy and Hollande do not | The Guardian

by Faiz Ahmed last modified 2012-04-17T18:33:50-04:00
"The comparison between France and the US is a good one, because the two countries have about the same level of productivity, or output per hour. This means that they have the economic capacity to enjoy about the same living standards. The French have chosen to take their productivity gains in the form of shorter work hours, longer vacations, universal healthcare, free college education and childcare, and a more equal distribution on income. ... Mélenchon wants to reduce work hours and raise the minimum wage, and increase taxes on the rich. He rejects the balanced-budget nonsense – as even most economists in the US do – and also the European Central Bank's lack of commitment to full employment."
Document Actions