Macron Economics

All hell breaks loose in France, as the country – gasp – considers some minor economic reforms.

That so minor a piece of legislation can have brought about a political crisis is symbolic of France’s paralysis (and that of much of Europe also). The law, self-proclaimed as being for “growth and equality of opportunity,” would institute certain small changes. …These amendments are not such as to change the country profoundly, but the Socialist deputies in the National Assembly see them as the thin end of the wedge—as every change is seen in France.

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