Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Hollande government takes 30% pay cut

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-18-12 02:54 AM
Original message
Hollande government takes 30% pay cut
Just when I thought nothing in the news was catching my eye this morning...

I wonder if some U.S. politicians will soil their linen if and when they see this headline.

No, not members of the U.S. Congress. A Constitutional amendment ensures no pay cuts imposed on any of them. But other politicians and bureaucrats, maybe.

Symbolic, sure (though it goes beyond symbolism in their individual household budgets). But, symbols can be very powerful.

Published: May 17, 2012 at 7:21 PM

PARIS, May 17 (UPI) -- France's new Socialist government, headed by President Francois Hollande, took a 30 percent pay cut Thursday and said Europe's debt crisis is its top priority.

The pay cut -- the first agenda item at Thursday's ministerial meeting -- stood in stark contrast to the 30 percent raise German Chancellor Angela Merkel accepted Wednesday, Radio France Internationale reported.

French Prime Minister Jean-Marc Ayrault said the government was "setting an example." Nicolas Sarkozy, who was defeated May 6, gave himself a 170 percent raise to 19,000 euros a month after his election in 2007.

Finance Minister Pierre Moscovici said France will not ratify the EU's fiscal pact if it focuses solely on austerity measures without proposals for growth.

Read more:

So far, so good!

As for Dick Morris's claim that the left is only about "entitlements," give me a break.

Printer Friendly | Permalink |  | Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC