Friday, November 30, 2007

Sarkozy's PATCO?

[Professional Air Traffic Controllers Organization]
As the transportation strike enters its second week, it's impressive to see President Nicolas Sarkozy stand firm as Ronald Reagan did in 1981. But he might need a little more resolve than was required of Reagan. Sarkozy vowed to make France globally competitive when he won the presidency this year. He was fully open about his plans if elected and explicitly said he would end featherbedding in public-sector unions, from bloated pensions for little work to permanent security regardless of performance.

[Reminder: while US private-sector labor unions continue to shrink (~18% I believe), public-sector {that would be government} unions continue to mushroom, now surpassing 60% - it looks like we'll need look to {give me a second... ok... ready...} FRANCE... for leadership in this regard. marvelous]

http://www.ibdeditorials.com/IBDArticles.aspx?id=280367612364273

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