“The IMF said the jobless rate will rise yet further to 11.6pc in 2014 and will not drop below 10.6pc within Mr Hollande’s five-year term. If this grim scenario unfolds, it will be a political hammer blow for Mr Hollande. He asked the nation to judge him on his record in ‘bending the unemployment curve’. The Fund said efforts to bring down the budget deficit should focus on spending cuts rather than fresh taxes, ‘which are among the highest by international standards and have a negative effect on investment and job creation’. Two-thirds of Mr Hollande’s fiscal squeeze has come from taxes, to the fury of the business lobby Medef.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Bitcoin use spreading despite security concerns
Review Of Terrorism Cases Finds NSA Spying Helped Very Little
‘Fusion centers’ spark security controversy
Europeans slammed by austerity measures now enraged by political corruption
Protected plates give growing number of officials the green-light to avoid fines
German police sue American woman for slander for calling them 'Nazis'
Moody’s awards metro Atlanta a ‘credit negative’ for TSPLOST failure
Disabled man plans to sue after being tased by officer on bus
Boomtown: Washington D.C. Passes Silicon Valley For Highest Median Income In U.S.
School Administrators Remove Army Men Cupcake Topping For Gun Control ‘Insensitivity’
Revealed: How Microsoft handed the NSA access to encrypted messages
Bitcoin more powerful than fastest supercomputers
Alleged Silk Road Boss Now Accused Of Six Murders-For-Hire, Denied Bail
Congress May Declare the Forever War
Cop fired 12 shots, hit unarmed man 10 times, Charlotte police say