Will France Become Another Venezuela?
In France on Monday President Macron tried to get control over the civil unrest that is engulfing parts of the country. He attempted to bribe the citizenry by raising the minimum wage, exempting overtime pay from taxation and promising not to raise taxes on pensioners receiving less than 2,000 euro/month.
Is Macron trying to take France down Venezuela’s path? Maduro did similar things and we all know how well that has worked out. How many struggling small businesses will be forced to shutter due to Macron’s “generosity”? Macron has indicated he will use the full weight of the police and military as needed to quell anti-government protests. Some 89,000 police were mobilized last weekend against the uprisings. ...