The French are bleaker about their country's future than at any time since 2005, a new poll showed on Saturday, with 68 percent saying they are "rather" or "very" pessimistic, the highest level ever in the initial months of a new presidency.
The level of pessimism fell just short of an all-time high of 70 percent registered in August 2005, when the poll was created near the end of Jacques Chirac's government.Read the rest HERE
Hollande's government has been reeling from unemployment at a 13-year high and a rash of job cuts in recent weeks at top employers like carmaker Peugeot and retailer Carrefour. The government launched a plan this week to create 150,000 state-sponsored jobs for youth.
The only thing mystifying to this writer is how the French remain stubbornly oblivious to the obvious: Socialism can't work. Never has, never will.
Note to French: There is but one single long road out of socialist hell for you. Dump the Euro, drastically curtail the powers of the European Union, eviscerate your antiquated bureaucracies and elect fiscally conservative Austrian School deputies. It might take a decade to see real results, but France will boom at the end of the process. Please excuse me for not holding my breath though.