http://www.cbn.com/cbnnews/world/2014/Fe...are-State/

Quote: The French Left hates what it calls "Anglo-Saxon capitalism."

As a result, France today is trapped by a welfare state that it is both addicted to and can no longer afford, a welfare state where high taxes and stifling regulation are killing economic opportunity.

The most recent statistics available show 26,000 French families left in 2010, and 35,000 in 2011. London is now called the "sixth largest French city."

"The entrepreneurial young people, they're going to London," Paris economist Jacob Arfwedson said. "They're going to Asia; they're going to the United States because they want to achieve something that is not automatically taken away by a state that says, 'You have, therefore I take it.'"

Tax lawyer Jean-Philippe Delsol has heard so many complaints from his business clients over the years about the excessive taxes and regulations from the French state that he decided to compile them all in a book titled, Why I Am Going to Leave France.

But it could never happen here.

Yep, instead of looking at places like Europe and learning from their mistakes we are running head long to jump off the proverbial cliff with them. We are just lemmings.

It isn't working so great in the USA right now either.

and it never will.

I thought it may have been you, but I recall reading an article saying that the French Socialists were going to do a reprise of Francois Mitterand, wherein they realize they've been acting like idiots, and out-Reaganed Ronald Reagan in swinging the economy back towards a Laissez Faire economy.

But, who knows with the French...

(02-27-2014 09:54 AM)DrTorch Wrote:  http://www.cbn.com/cbnnews/world/2014/Fe...are-State/

Quote: The French Left hates what it calls "Anglo-Saxon capitalism."

As a result, France today is trapped by a welfare state that it is both addicted to and can no longer afford, a welfare state where high taxes and stifling regulation are killing economic opportunity.

The most recent statistics available show 26,000 French families left in 2010, and 35,000 in 2011. London is now called the "sixth largest French city."

"The entrepreneurial young people, they're going to London," Paris economist Jacob Arfwedson said. "They're going to Asia; they're going to the United States because they want to achieve something that is not automatically taken away by a state that says, 'You have, therefore I take it.'"

Tax lawyer Jean-Philippe Delsol has heard so many complaints from his business clients over the years about the excessive taxes and regulations from the French state that he decided to compile them all in a book titled, Why I Am Going to Leave France.

But it could never happen here.

Nope because when we run out of other people's money, there's always the money tree, right? If we borrow too much, we can just print more, right? That won't have any effect whatsoever on our currency.

http://www.bbc.com/news/magazine-18234930

(02-27-2014 12:23 PM)ODUgradstudent Wrote:  http://www.bbc.com/news/magazine-18234930

Thanks. Interesting take on immigration and the locust effect.