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by marvin 3179 days ago
People don't talk enough about this shit when discussing Europe's poor economy. Most of Southern Europe, France included, is almost socialist (in a bad way) in the way that free enterprise is treated.

I don't see how anyone could think economic growth, entrepreneurship and wage growth is possible when employment taxes are 100% (of salary) and people are encouraged by their accountants to spend just the right amount of effort cheating on their taxes. Add to this a corrupt, purpose-bred government class that consists of people who never held a normal job in their lives.

The EU should get on this problem with considerably more effort.

1 comments

Amen to that. Employees are awfully expensive, and while we wait for the government to do something, business owners keep relocating manufacturing to places where labor is cheaper, leaving citizens unemployed.

I don't know if the solution looks so simple to me (lower the fucking cost of labor already) because I don't know anything about economy, or because someone is interested in maintaining this status quo.