Saturday, June 04, 2005

What's American and Envied by France?

The democratic socialist model doesn't work too well, consider these facts about France compared to the United States.France:
where the unemployment rate has been stuck between 9 and 10 percent for a quarter of a century and where not a single enterprise founded here in the past 40 years has managed to break into the ranks of the 25 biggest French companies. By comparison, 19 of today's 25 largest U.S. companies didn't exist four decades ago.
France wants small business creation with high taxes and regulations.The two don't mix.Washington Post