Friday, May 18, 2012
One Socialist to Another?
PRESIDENT François Hollande flies to the US today for his first meeting with President Barack Obama.
The eurozone crisis and Afghanistan will lead the agenda and Hollande is expected to find support for his plans to stimulate growth in Europe as Obama spent heavily trying to pull the US out of the recession.
Afghanistan may be more of a problem as Hollande wants French troops out by the end of this year but both Nato and American commanders have said their mission should continue until 2014.
Hollande and Obama will aim to create a quick bond before they head to the G8 world leaders summit at Camp David this weekend, which is expected to focus on the eurozone crisis.
Yesterday saw the first cabinet meeting of Hollande, Prime Minister Jean-Marc Ayrault and their new ministers - 34 in all, split exactly between men and women.
All have taken 30% pay cuts as Ayrault said they hoped to "give an example" to the country. It contrasts with Nicolas Sarkozy who increased his pay as he took office.
Bet you didn't see this coming. Both men believe in big government and that government spending will boost the economy. Government does not create jobs, it creates work. Seems now the purpose of our government is for you to depend upon IT for all your needs. Sounds like a great plan, but I am not signing up.
In this now world economy, our standard of living will have to come down to compete with the rest of the world. Why??? Wealth does not disappear, it moves. In a socialist/communist society, the wealth will still be with the Politburo/politicians.