$35,000 a year for making the Royal w/ Cheese

For anyone that’s read this blog it should not be a surprise that among the developed world I consider France to be the Pinnacle of leftist economic stupidity. It really seems as if they’re really on some suicidal mission to single handedly prove the superiority of the free market system.

The newest twist comes as the country considers Chirac’s replacement. Naturally the French consider the antidote to economic malaise resulting from crippling entitlements and regulation is even more entitlements and regulation. This idiocy is embodied in Ségolène Royal who among other things wishes to raise the French minimum wage to the equivalent of $2000 a month (that’s $24k a year if you’re a journalist). Considering that French per-capita GDP is $30,000 while the US is $43,500 that would translate into a US minimum annual income of nearly $35000 a year.

God I hope she gets elected.

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