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The Problem With Hollande mai 4, 2012

Posted by fredericdeharven in Uncategorized.
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The Problem With Hollande

Today, in the Wall Street Journal.

The following is signed by 21 French economists ahead of this Sunday’s presidential elections. The authors attest that they belong to no political party, and the views expressed here are their own and do not necessarily reflect the views of their institutions.

 François Hollande and his Socialist friends are a particularly mendacious and destructive sort of demagogue: They are purporting to help us by increasing our minimum wages rather than liberating our energies; they will punish the rich rather than encourage all of us to engage in productive efforts; they say they will spend more to stimulate « growth »—effectively, to buy more consumers—instead of letting us choose the best uses for our own resources.



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