How can business survive in France?

Posted By on June 7, 2012

One wonders if the new French socialist President Francois Hollande knows what he is doing? Besides lowing the retirement age to 60, taxes will be increase on the rich. I does make the U.S. look like a far better place to do business .

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PARIS: France’s new Socialist government moved to lower the retirement age from 62 to 60 for certain workers, bucking a global trend in a gesture to unions that critics say is a costly mistake.

Governments from North America to Europe have been pushing retirement ages higher in recent decades as people live longer and spend more years on pension cheques.

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.