France to increase Value Added Tax – to “protect” jobs. Sarkozy wants to lower costs for French companies to slow the rate at they’re sending jobs elsewhere, and raise consumer taxes to make up the lost revenue! But won’t less money in consumer pockets mean fewer sales for businesses, higher wage demands and hence, more pressure on jobs? [Insert chirping crickets here.]
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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