Thursday, 21 February 2013

German's economy thriving while France's economy is sliding into a deep recession




Before President Hollande's election,
António José Seguro and a multitude of Socialist commentators, 
claimed Hollande to be the next "saviour" of Europe's bad economy.

President Sarkozy was labbelled as Merkel's lapdog.

But since Hollande's election, 
he has been a much more faithful follower of Merkel 
than his predecessor was.

But unfortunately, 
Hollande hasn't lived up to his socialist messias status.

France's economy has had miserable results 
and is on a fast downward track.


One man will be unsurprised by the miserable data out of France 
and that is Maurice "Morry" Taylor Jr, 
the head of US tyre company Titan International, 
which yesterday launched a blistering attack on the French work ethic.

French work ethic attacked

Maurice taylor, 1 1996 US Republican presidential candidate, 
revealed he has no loss to the international diplomatic 
service in his letter to the minister, who had suggested
he might like to take over a Goodyear tyre factory 
in the economical struggling industrial heartland 
of northern France, near Amiens.

"Do you think we're stupid?"
Taylor wrote to Montebourg in the letter, w
which was made public on Wednesday.

"I've visited this factory several times. 
The French workers are paid high wages, but only work three hours.
They have one hour for their lunch, they talk for three hours
and they work for three hours.
I said this directly to their union leaders,
who replied that's the way it is in France".

Sounds quite familiar, compared with many portuguese workers.
High wages, long lunch breaks (sometimes up to two hours), lots of conversation in the corridors, and working for only three real hours.

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