What's a French leader without a rich, buttery serving of appeasement? Here's a France24 headline: "Macron raises minimum wage to appease Yellow Vest protesters."
Oh, there's a bit of economic tinkering on other things - a tax hike taken back here, a tax hike delay there, a request that companies pay workers more cash via bonuses with a tax sweetener in it for them - but raising the minimum wage seems to be the crown jewel in his plan to...make the sans-culottes in yellow vests out there just stop rioting.
Minimum wage hikes have been offered up as solutions and tried, a lot...in Nicolás Maduro's Venezuela.
Faced with a collapsing economy and hyperinflation from his socialist policies, Venezuelan strong man Nicolas Maduro announced an immediate increase in the minimum wage of 3,500%.
This is how Maduro solves his country's economic problems: by raising the minimum wage.
Raising the minimum wage is a particularly pathetic solution, give that it cuts job availability as a side-effect.
Bottom line: A minimum wage hike is going to work about as well in France as it's already done in Venezuela.
https://www.americanthinker.com/blog/2018/12/frances_macron_offers_up_economic_succor_from_nicolas_maduros_playbook.html
Oh, there's a bit of economic tinkering on other things - a tax hike taken back here, a tax hike delay there, a request that companies pay workers more cash via bonuses with a tax sweetener in it for them - but raising the minimum wage seems to be the crown jewel in his plan to...make the sans-culottes in yellow vests out there just stop rioting.
Minimum wage hikes have been offered up as solutions and tried, a lot...in Nicolás Maduro's Venezuela.
Faced with a collapsing economy and hyperinflation from his socialist policies, Venezuelan strong man Nicolas Maduro announced an immediate increase in the minimum wage of 3,500%.
This is how Maduro solves his country's economic problems: by raising the minimum wage.
Raising the minimum wage is a particularly pathetic solution, give that it cuts job availability as a side-effect.
Bottom line: A minimum wage hike is going to work about as well in France as it's already done in Venezuela.
https://www.americanthinker.com/blog/2018/12/frances_macron_offers_up_economic_succor_from_nicolas_maduros_playbook.html
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