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Monday, March 20, 2006
Protectionist Labor Laws Don't Now, socialists might say that guaranteed jobs are good. They said that in France. But this put their employers in a bind and stunted growth. And while the original intent of this guarantee was to supposedly help the working class, it hurt the unemployment picture because employers did indeed get very picky and cautious in their hiring practices. Thus a general truism regarding liberal law was again demonstrated; what sounded good in theory didn't work at all, and was actually counterproductive, in practice. So what's a Leftist to do? Change the law, of course, to allow more employment. The trouble is, you've created a culture of entitlement, and folks don't give it up that easy. Just ask Prime Minister Dominique de Villepin of France. The French government faced a deepening crisis at the weekend as protesters turned out in large numbers to oppose a new law intended to reduce youth unemployment. Opponents worry the law will threaten job security. So the French workers insist they prefer to keep a 10% unemployment rate and stagnant economic growth rather than give employers any shot at weeding out the under-performers (only within the first 2 years, mind you). They fear they won't find a job? Are they finding any now? Unemployment in France is around 10 percent, but in the under-26 range, 23 percent do not have jobs. Among immigrant youths, the figure runs as high as 50 percent. No doubt the Frenchman (or Muslim youth) on the street would say that this is a matter of benefiting the labor force, without which there would be no businesses. On the other hand, without a climate in which businesses can thrive, you aren't going to have a good employment picture. It's a symbiotic relationship that liberals in France and the US would be wise to remember before preaching against the stereotypical "evil corporation". Neither side--labor and management--is generally without fault or misbehavior, but when American liberals look to Europe for economic solutions, just remember how good we have it. Murphy's Law of Labor: "Protectionist" labor laws don't. Doug Payton blogs at Considerettes. Blogger News Network is advertiser-supported, and your visits to our advertisers help BNN to meet its expenses. Help keep us afloat! posted by Doug at 7:16 PM |
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1 Comments:
I shot a video of Saturday's demonstrations in Paris. You can find it on my blog here: http://girlwithamoviecamera.blogspot.com :)
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