Man Up France FFS

 

Enquiring minds might find this table from SocGen of passing interest,

 

The standout lines are that the French and Belgiums earn more per hour than do German workers, which is a straight turnaround from 2000 when the Germans made more per hour. 

That of course suggests that the Germans suffered relatively poor wage gains but stayed competitive with low unemployment and strong exports.

Everyone else saw wages go up, and competitiveness reduce and now they're looking for German handouts.

 Except the UK where earnings per hour have fallen dramatically since 2008 which is demonstrative of the British taking their medicine.

Onlookers should remember, many things have gone very wrong in the UK but to our credit we started to face up to problems immediately after the crisis. There is a ton of unfinished work in the UK but at the time, the French swept most of their bad news under the carpet and hoisted a sign that said, "no problems here (especially in their banks), nothing to see, move along now." 

Guess what.... your problem, grow up, stop whinging and deal with it.