The Free State
"Man, in a word, has no nature. What he has is - history."

Friday, June 06, 2008

Letter to Newsweek: 'Reform'

On"Une Annee Horrible" June 9, 2008.

Dear Sir,

I agree with Gordon and Vaisse that Sarkozy has had a rough year, but why must every article about France obsess about reform? It is the only word on people's lips! Thatcher's Britain needed 'reform' because its GDP was a whopping 20% smaller than France's. Today, France's GDP is 5% smaller than Britain's. Alas, not all nations have the fortune of North Sea Oil and an English-speaking financial capital. Nonetheless, France has one of the best healthcare systems in the world, French homeowners have not fallen victim to the voodoo-financing of banks and the French economy is not suffering from currency depreciation, recession or inflation. France does not need half as much reform as people say it does. Sarkozy will continue being "Chirac on caffeine", tinkering here and there, being basically unremarkable as French presidents have mostly been since the end of the Cold War.


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