Wednesday 13 November 2013

WHAT HAS HOLLANDE DONE WRONG ?


Hollande has done nothing wrong !  That in fact is the real Problem ! 

He has not acted at all to correct or to encourage anything !  His Policy has been "wait and see" !  He has in fact relied on others, either in France or on the Actors on the "International Scene" of the World !

Other countries have acted to get their "house" in order. Yet Hollande has not reduced the overhead costs of his Administration, i.e. the Civil Service !  He has not launched National Projects to absorb unemployment and indirectly to encourage private enterprise !

His Socialist principles are based on protecting the "poor" not on aiding the rich to get richer even if their efforts would provide employment !

His "inaction" has now come to a head.  Even the poor are striking and venting their frustration due to his Indecision !  They want "Leadership" !

Hollande and France now face Financial  difficulties.  National Income from Taxes is lower than expected or forecast.  His first and immediate reaction has been to increase the income tax of high earners.  This is not at all enough and will never encourage Enterprise !

The second and easiest measure that has been decided is to increase the rates of Value Added Tax (VAT) !  This however does nothing to encourage small businesses ! It also increases the living costs of all consumers, the rich as well as the less rich, particularly those on the poverty line !

Strikes have already started and more social unrest can be expected.  Will the Prime Minister be replaced ?  That is the Question !  What many people in France really want,  Socialists as well as others, is a new President ! 

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