Tuesday, May 25, 2004

Three things about France
The following is a list of three facts about France, in three currencies:
  • "The French public health insurance scheme is heading for a $15.5 billion deficit this year, threatening to bankrupt the system." (#)
  • The social security system in France "has an annual deficit of 11 billion euros". (#)
  • "[T]he 35-hour [working] week ha[s] lumbered the [French] state with £10 billion a year in additional social charges and [...] demoralised millions of workers." (#)
If the French can teach us anything then it's the fact that whatever seems like a perfectly good government-operation and -regulation is in fact a death-sentance for future generation's life savings and standard of living. I hope more people won't have to suffer to establish that fact even better.

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