Is France Willing to Work?

George Will reports:

Twenty-five years ago, President François Mitterrand, a socialist who had won election by promising to "break with the logic of profitability," was keeping that promise and, in the process, killing socialism. He promised stimulative spending through expanded entitlements, a short workweek with no reduced compensation, job creation through public spending and higher taxes on the investing classes. So productivity fell and unemployment -- it has not been below 8 percent since 1981 -- rose.

That's socialism for you.