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The budget has higher taxes on business and the rich to meet deficit reduction goals just as the economy is stalling.
Grouped Articles
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
Hollande Boosted by French Growth
Wall Street Journal 08/15/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
France's Lagarde Forecasts Austerity
Wall Street Journal 06/23/2010
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
Shiller evaluates the Hollande plan using the Salant-Samuelson balanced budget theorem and shows that it would increase national income by the amount of the tax on higher incomes. It would create a more productive economy with investment of the type that occurs in winter on the family farm.
Grouped Articles
New York Times 04/13/2013
Wall Street Journal 05/29/2013
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
EU Won’t Reject French, Italian Budgets
Wall Street Journal 10/28/2014
European Union Blinks in Budget Battle With Italy and France
New York Times 10/28/2014
How National Belt-Tightening Goes Awry - Economic View
New York Times 05/19/2012
One of the "must do" critical rules is that strong aggressive action and sound steps be taken early when borrowing rates are still favorable and there is time to respond and bring the debt situation under control. French prime minister Ayrault puts this succintly: "If we don't put a stop to this taxpayer money will keep going to pay for debt reimbursement." Britain has an extra margin of safety because of its established banking systems and experience, France because of support from Germany, a stronger economy and industry-government cooperation, Spain and Italy lack this extra margin of safety and needed even more vigilance and aggressive steps.
Grouped Articles
Wall Street Journal 09/28/2011
Wall Street Journal 06/01/2012
In U.K. Election, It’s Jobs Boom vs. Stagnant Wages
Wall Street Journal 05/07/2015
France Raises Taxes in Tough Budget
Wall Street Journal 09/28/2012
France's New Budget Focuses on Cutting Deficit
New York Times 09/28/2012
Spain Needs $76 Billion to Recapitalize Its Banks, Audit Finds
New York Times 09/28/2012
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
S.&P. Downgrade Deals Blow to French Government
New York Times 11/08/2013
Social-Security Woes Vex France's Hollande
Wall Street Journal 11/11/2013
New York Times 11/10/2013
Japan's Stimulus Generates Ripples
Wall Street Journal 04/09/2013
Overheard: France Could Be in Bond-Market Hot Seat
Wall Street Journal 11/17/2014
Grouped Articles
New York Times 11/10/2013
Hard times force French to work longer -- to age 62
Washington Post 06/16/2010
France's Lagarde Forecasts Austerity
Wall Street Journal 06/23/2010
French Unions Protest Pension-Age Overhaul
Wall Street Journal 09/08/2010
French Senate Passes Pension Bill
New York Times 10/22/2010
French Cabinet Is Dissolved, a Victim of Austerity Battles
New York Times 08/25/2014
France boosted the minimum wage in June 2012 to increase consumer spending.
Grouped Articles
California Set to Raise State Minimum Wage
Wall Street Journal 09/13/2013
Patchwork of Local Wage Laws Fuels Debate Over Raising Federal Minimum
Wall Street Journal 12/01/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
New York Times 12/01/2013
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01/26/2015
France to Lift Minimum Wage in Bid to Rev Up Economy
Wall Street Journal 06/27/2012
Grouped Articles
Wall Street Journal 05/29/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
France's Lagarde Forecasts Austerity
Wall Street Journal 06/23/2010
France's Hollande Replaces Prime Minister Ayrault with Manuel Valls
Wall Street Journal 04/01/2014
EU Won’t Reject French, Italian Budgets
Wall Street Journal 10/28/2014
European Union Blinks in Budget Battle With Italy and France
New York Times 10/28/2014
Grouped Articles
France Goes Against the Euro-Zone Flow
Wall Street Journal 04/18/2013
Wall Street Journal 05/29/2013
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
French Cabinet Is Dissolved, a Victim of Austerity Battles
New York Times 08/25/2014
The determination in France, as in Britain, to take austerity measures, and to cut the deficit.
Grouped Articles
France Goes Against the Euro-Zone Flow
Wall Street Journal 04/18/2013
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
S.&P. Downgrade Deals Blow to French Government
New York Times 11/08/2013
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
Greece Bulls Charge Into Corporate Bonds
Wall Street Journal 05/15/2013
Overheard: France Could Be in Bond-Market Hot Seat
Wall Street Journal 11/17/2014
Negative Yields on Eurozone Sovereign Bonds Becoming New Normal
Wall Street Journal 02/05/2015
Wall Street Journal 11/16/2011
France and Nicolas Sarkozy Vulnerable as Euro Crisis Persists
New York Times 11/21/2011
Higher tax rates in France and Hollande's call for the French to see this as a form of patriotism by contributing to reduce the public debt. Britain's Cameron takes a different approach by reducing taxes. Cameron's remark about a red carpet for foreign investment is taken by Hollande as a form of British humor.
Grouped Articles
Wall Street Journal 05/29/2013
Wall Street Journal 06/26/2013
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
Tax rates in Britain: François Miliband
Economist 02/04/2014
France Tries to Tempt In More Foreign Investment
New York Times 02/17/2014
In U.K. Visit, Hollande Urges Unity to Cut French Debt
Wall Street Journal 07/10/2012
Finance Minister Pierre Muscovici, was European Affairs minister in 1997-2002, Foreign Minister is Laurent Fabius, a former prime minister in the 1980's, and Michel Sapin is Minister for Employment, Labor and Social Dialogue. This gives Hollande an experienced team to implement his program and achieve a reorientation of EU policies towards growth.
Grouped Articles
Year Into Hollande Presidency, âa Sense of Driftâ
New York Times 05/04/2013
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
For France, U.S. delay on Syria fuels doubts - The Washington Post
Washington Post 09/07/2013
France Tries to Tempt In More Foreign Investment
New York Times 02/17/2014
In Race to French Presidency, Hollande Sets His Own Pace
New York Times 05/05/2012
France's Hollande Replaces Prime Minister Ayrault with Manuel Valls
Wall Street Journal 04/01/2014
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