I agree with Richard T, that this was an interesting programme and it is good in principle to have more programmes about the economy, culture and society of other countries. Actually I thought the point about the small businessman complaining about all his employee surcharges could have been taken to support not just a tax-cutting, deregulating agenda but also an anti-globalisation one - given that presumably multinationals can dodge a number of these impositions in the way that Amazon, say, avoids paying the same taxes that a local CD supplier based in Britain does. But where I would agree with S_A is that Peston seems to take it as almost axiomatic that French hostility to austerity and the current operation of the eurozone is misguided and likely to lead to disastrous consequences, whereas there is plenty of evidence that could be assembled to show the flawed creation and operation of the eurozone and the disastrous impact (particularly in social effects) of austerity policies. And Peston also lazily accepts the right-wing economist's view that cutting taxes and spending is necessarily the route to economic success; yet the statistics of French post-war economic development show that the golden age was in the 30 years post-1945, when Keynesianism dominated, together with high taxes and high public and infrastructure spending. The period from the 1980s, by contrast, in which neo-liberal monetarist economic policies have held sway, has had lower growth, higher unemployment, lower taxes and recently a terrible economic crash followed by extended recession.
It was interesting also to see an extended interview with Marine Le Pen who could well figure strongly in the next presidential elections (these extracts were taken from an interview which I think had appeared earlier on the BBC News channel).
It was interesting also to see an extended interview with Marine Le Pen who could well figure strongly in the next presidential elections (these extracts were taken from an interview which I think had appeared earlier on the BBC News channel).
Comment