Sunday, April 3, 2011

The Socialist Program

Here it is. I will keep silent while awaiting your comments.


Kirk said...

Hmm, some interesting points, but others that would be extremely complicated.

The emplois jeunes thing never really worked. It just increased unemployment among those over 25, if I recall. Also, it skews salaries downward, because these are subsidized jobs.

Put the CSG with income tax - that's a given. The CSG is quite an annoyance. As a professional, I pay part of it which is deductible, and part that isn't. However, the bit about corporate income tax seems hard to implement.

Variable VAT for "green" stuff is stupid. It's bad enough that there are three levels of VAT. Businesses certainly don't need any more. The problem is that the VAT, while only actually affecting end-users, gets billed all throughout the production chain, and costs a lot in management for businesses. It would make more sense to eliminate it for all but end-users.

Rent control? Good luck there...

Doctors in rural areas - living in a rural area, I'm all in favor of that.

As for the rest, I guess it's wait and see. These are only the highlights.

brent said...

So a country has a set of economic and fiscal problems: deficits, unemployment, environmental crisis, etc. If that country is Socialist France it subsidizes jobs, especially for environmental initiatives, and pays for them by adjusting its revenues, increasing the tax burden of the very wealthy while reducing it slightly for average earners. A modest, sensible approach. Meanwhile in the US, with much higher deficits, vastly greater inequality, equally worrisome unemployment and little progress in energy policy, revenues are off the table, and governments federal and state are falling over each other to cut jobs and services.No wonder our politicians are so eager to revile those French socialists.

Anonymous said...

"The trouble with Socialism is that eventually you run out of other people's money." 
Margaret Thatcher
Old solutions to 21st century problems.
Does not address concerns expressed by French people in recent elections about out of control immigration and national security.


FrédéricLN said...

30% foin, 30% pipeau, 30% déco, 10% à considérer.

But 100% is out of the scope. Michel Rocard, interviewed about the presidential campaign in 2005 (sorry, the interview by a Parisian blog is not online anymore) said something like "a presidential agenda which would primarily b a strategy to overcome the crisis of public budgets, would just be a lie".

Here is, once again, where we are.

(Merging IR and CSG will not bring one more penny by itself; suppressing the TEPA law "progressivement"… well: it should be totally suppressed immediately. Once done, it would save around 12 billions euros/year; great, but we need around 100 billions/year. 88 still missing.

None of the 18 other points brings any money in; moreover, two of them are very expensive: around 15 billion/year for "les nouveaux emplois jeunes";
3? billions for "allocation d'autonomie" ( ).

Around 106 billions/year missing to make this agenda basically feasible, and avoid its replacement by "emergency bankruptcy management".