French Jobs Law Failure

The new law might've taken away job protections for the French youth but job protection means nothing if you don't have a job to protect in the first place, as evidenced by France's 22% unemployment rate for their youth. But whatever, if they want to keep those protections in place its their choice.

Jam it back in, in the dark.

Don't French companies also offer employee benefits to their workers? Just look at American airlines right now, their workers want their benefits, but airline companies can't stay healthy as a corporation by keeping those benefits. At the same time they can't just layoff hundreds if not thousands of employees because then their unions will act up. and if I remember correctly you can't just file for Chapter 11 like before and just use it as a union buster. French employers probably have similiar concerns, where if all of a sudden business turns sour and you can't turn the kind of earnings to keep your employees and company balance books happy then you're going to be in an aweful lot of trouble.

How ya doing, buddy?

Originally Posted by Adamgian

Although I can take some solace - if you looked at it, students at Economics schools and Sciences Pol didn't protest. The whole spectrum of people who truely understood how important this was didn't fight it, and its a shame people didn't attempt to look to those who knew more on the topic.

I suppose this is the kind of fear America's founding fathers had in mind when they created to Electoral College, where the mindless masses would just go along with the rest of herd, even if its straight off a cliff and the educated minority would be dragged along with them. But then again our electoral college system hasn't really worked the way the fathers wanted it to anyways.

This thing is sticky, and I don't like it. I don't appreciate it.