Monday, October 25, 2010

Falling Into the Chasm (By Paul Kruman)

Another interesting article from Krugman. One of the few remaining outspoken economists who still use reason! Read the full Article

Toll rises as French strikes escalate

"France's massive strikes are costing the national economy up to €400-million ($557-million) each day, the French finance minister said Monday" Read the Full Article

Even for a pro-union, pro-welfare person such as myself, this spectacle was a disgrace! Increasing the minimum retirement age from 60 to 62, did not deserve such a fuss, whatsoever! It was an inevitable reform, reflecting the fact the we live much longer (on average) than previous generations. This upheaval is no less than blackmailing the French society...

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