Monday, May 8, 2017

Macron: The French Scott Walker

This is a humdinger from an unsigned New York Times editorial today, “France Elects Emmanuel Macron”: 
In a victory address before a vast throng of cheering supporters in the courtyard of the Louvre, Mr. Macron acknowledged the divisions in French society and repeatedly invoked the “immense task” that lies ahead. That begins immediately: Achieving any of his goals, which include reforming the stultifying French labor code, a perennial frustration for businesses, and cutting the bloated ranks of public employees, will require another political feat next month when France votes for a new National Assembly. Mr. Macron’s fledgling party plans to run candidates in all districts.
In other words, the French just elected Scott Walker. What’s amazing is how there is never any proof of the effectiveness of neoliberalism. Even the IMF, in relation to Greece, publicly acknowledges it doesn’t lead to growth. But it does redistribute wealth upwards. And that’s all that matters.

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