France
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I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.
The US should be so lucky to have a smidge of French resistance.
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French President Emmanuel Macron on Wednesday blamed âforeign leaders,â including those âon the other side of the Atlantic,â for trying to exploit Franceâs tense social climate for their own political agenda. Protests over soaring living costs have led to widespread rioting and looting. Trump has used the violence to rally his political supporters, making unsubstantiated claims that Muslim migrants are responsible for the unrest.
Macron responded by saying there âhas been foreign manipulation of information in the aftermathâ of the looting in Paris and other French cities. âAnd that has led to comments that are as unacceptable as they are stupid, from many people, including foreign leaders,â he said.
Asked by a reporter if he was referring to Trump, Macron replied: âAmong others.â Macron added: âWeâve seen AI-generated images depicting scenes that never actually happened in France. Weâve had people claiming that we were invaded by hordes of migrants and Islamists, which is completely false.â
--NBC
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I would like to point out the following :
Insofar as some of the rioters are actually concerned with âausterityâ and âneoliberalismâ itâs worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.
Whatâs my point? Itâs a pretty important one. There is no scenario where the protesters âwinâ. The inevitable result is the protesters get educated by reality. But Iâm cynical enough to believe that the educators wonât be their leaders, who are cowards, but some international organization setting conditions for Franceâs bailout.
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Itâs a society that has been living above its means for close to 50 years and its leadership doesnât have the courage to tell them. I guess theyâre just waiting for the IMF or EU to force it on them so they donât look like the bad guy.
Iâm reminded of the line from Basquiat, (the French economist not the English vandal/artist):
âThe State is the great fiction through which everyone endeavors to live at the expense of everyone else.â
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I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.
The US should be so lucky to have a smidge of French resistance.
I'm sure Macron's pandering to the ultra rich (abolishing the wealth tax, reducing capital gains taxes, giving corporations cushy tax rates) has had nothing to do with France's economic woes. Much like here in the US starting with Reagan. Oh, no. It's always the lower classes who are pinned with blame for societal upheavals. Well, I think we are nearing the end of this game, inequality has reached breaking points and a lot more people now are aware of how oligarchy is fleecing society.
The US should be so lucky to have a smidge of French resistance.
Smidge is right because if you quantified it you couldn't reach 10%.
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Another economist (and a very reputable one) blames the French people for their woes. Oh, wait. That's not what he does at all.
Link to video -
I would like to point out the following :
Insofar as some of the rioters are actually concerned with âausterityâ and âneoliberalismâ itâs worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.
Whatâs my point? Itâs a pretty important one. There is no scenario where the protesters âwinâ. The inevitable result is the protesters get educated by reality. But Iâm cynical enough to believe that the educators wonât be their leaders, who are cowards, but some international organization setting conditions for Franceâs bailout.
I would like to point out the following :
Insofar as some of the rioters are actually concerned with âausterityâ and âneoliberalismâ itâs worth pointing out that France's level of public social spending is the third highest in the world at 30.6% of GDP and its total public spending is 57.2%, second highest among large countries not at war.
Whatâs my point? Itâs a pretty important one. There is no scenario where the protesters âwinâ. The inevitable result is the protesters get educated by reality. But Iâm cynical enough to believe that the educators wonât be their leaders, who are cowards, but some international organization setting conditions for Franceâs bailout.
Well, is the US, in the grip of actual fascism, going to win, if you will? If supporting privatization was the right thing to do, then how did we get here?
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Itâs a society that has been living above its means for close to 50 years and its leadership doesnât have the courage to tell them. I guess theyâre just waiting for the IMF or EU to force it on them so they donât look like the bad guy.
Iâm reminded of the line from Basquiat, (the French economist not the English vandal/artist):
âThe State is the great fiction through which everyone endeavors to live at the expense of everyone else.â
jon-nyc said:
Iâm reminded of the line from Basquiat, (the French economist not the English vandal/artist):
âThe State is the great fiction through which everyone endeavors to live at the expense of everyone else.â
Interestingly, the quote comes from the revolution of 1848, which saw the abdication of King Louis-Philippe and the coming to power of Napoleon III. In the original French:
"L'Ătat, c'est la grande fiction Ă travers laquelle tout le monde s'efforce de vivre aux dĂ©pens de tout le monde."
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I've heard that sentiment my whole life as have we all.
It was taxpayers who paid dedicated taxes per the Social Security Act. It was taxpayers who funded the science that industry used, who paid for the infrastructure, who paid for the creation of the public utilities, and who paid for the public education system.
It was taxpayers who paid for every asset Thatcher and Reagan stole and sold back to the people at terms that have led to the ruination if the middle and working classes.
We weren't "living off of other people" in any sense of the word. My parents worked a combined 50 years. My mother's parents worked a combined 55 years.
Full time. Year round. For 30 years, 20 years, 33 years, and 22 years, respectively.
Not from these quotes, demonstrating your point, but where did you actually get the idea that when people had a functional government they at the same time lived off each other like a bunch of grifters?
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