Sarkozy Speech… When Socialists Go Against Endless Welfare

What happens when socialists are basically told that they have to work harder and that their endless entitlements and easy way of life have to come to an end?  This is a question for Nicolas Sarkozy of France.

Sarkozy has opined in many cases about the current debt and financing crisis building in Europe.  Today takes he cake.  Sarkozy is telling the French people that the way out of the financial crisis is harder work and less spending.  He also said that austerity measures alone could put France into a recession (or a depression). 

Here is where the things get really interesting.  You can bet that American entrepreneurs who slave at work for hours and hours per week without the benefits of pensions and cushy entitlement package will say “You Know That’s Right”… Sarkozy has just said that the 35-hour work week and setting the retirement age at 60 were grave mistakes.  He also said that French welfare cannot remain exactly as it is today and he is calling for an overhaul of the welfare system.

Sarkozy has gone on to say that Europe is facing strategic and political choices and that the European Union needs common industrial and agricultural policies.  The pledge is that no Euro Zone country will go into default.

This may be a lot to ask, but we’ll try.  Is Europe really going to abandon taking care of everyone no matter what and regardless of the cost?

Amen! Amen!