Thursday, June 2, 2016

France's Battle Over Labor Bill Suggests Growing Resentment Towards the Establishment

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Hollande, a hardcore socialist, is acting like a capitalist because even he knows French businesses cannot compete on the international stage.

The labor bill, an attempt to easy employment restrictions, is France's attempt to make it easier to add and subtract employees, thus, allowing existing business to follow the business cycle. It's almost impossible to fire someone in France. The means few French companies are hiring. This is contributing to high unemployment, especially among the youth.

There's growing resentment towards establishment politics and politicians throughout not only France but also Europe.

Headline: President Fran├žois Hollande Vows to Press On With Labor Bill

PARIS—The standoff between President Fran├žois Hollande and unions deepened Tuesday as unions launched a new round of strikes and the French leader vowed to press on with a contentious labor bill that has fueled the unrest.

“The bill will be enforced, and the French people will judge,” Mr. Hollande said in an interview published Tuesday in daily newspaper Sud Ouest.


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