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January 30th, 2012 
FAKE NEWS for the Zionist agenda
Mr Sarkozy believes the reforms will show that, unlike his Socialist rival,
François Hollande, he is brave enough to do the “dirty work” to save France.
As aides warned that the measures could provoke “street protests”, Mr Sarkozy
appears to think he can win the begrudging praise afforded to David
Cameron’s austerity measures.
Instead, he spent most of his airtime demonstrating that he intended to fight
for France’s economic future until the last moment before entering the
electoral arena.
The introduction of so-called “social VAT”, in which a value added tax rise
would be matched by a decrease in employers’ payroll contributions, is aimed
at increasing competitiveness and boosting French exports.
The German-inspired reform, which will raise VAT by 1.6 percentage points to
21.2 per cent, is a risky move that has cost previous governments dear. The
mere mention of the measure at the beginning of Mr Sarkozy’s five-year term
is blamed for the loss of dozens of UMP seats in 2007 parliamentary
elections.
Under new “competitiveness accords”, employers will now be able to cut or
raise working hours and cut salaries to save jobs if a majority of workers
approve.
Mr Sarkozy said it would herald “the end” of France’s 35-hour working week. He
also said that Socialist proposals to return to a retirement age of 60 were
“madness” and “a lie”.
He also gave details of a financial transaction tax of 0.1 per cent to be
introduced in France in August. He hopes the tax will be adopted across the
European Union. Other taxes affected covered revenue from investments and
property.
His television appearance came a week after Mr Hollande launched his campaign
with an assault on “the world of finance”. He promised to reverse Mr
Sarkozy’s legacy when unveiling his manifesto.
Mr Hollande plans to tax the rich and enact €20 billion in new spending by
2017, creating 60,000 new teaching jobs and 150,000 new jobs for young
workers.
Mr Hollande earned plaudits for last week’s combative launch phase, and an
opinion poll last week indicated he would romp home in the second round of
the election, taking 56 per cent of the votes compared to Mr Sarkozy’s 44
per cent.
The president has been on the back foot since France lost its coveted triple-A
credit rating, undermining his claim to having the safest pair of hands to
steer the country clear of economic ruin.
He suffered a fresh blow when an Ifop poll published in Le Journal du Dimanche
suggested voters see Mr Hollande the best candidate to tackle unemployment
and debt reduction.He suffered a fresh blow on Sunday when an Ifop poll
published in Le Journal du Dimanche suggested voters see Mr Hollande the
best candidate to tackle unemployment and debt reduction.
But Mr Sarkozy said the notoriously “rebellious” French could yet
defy the polls. “They won’t let anyone impose a decision on them,”
he said.
The opposition Socialists slammed the interview. “He appeared as a cruel
commentator of President Sarkozy’s record,” said Socialist spokesman Bernard
Cazeneuve – mentioning record unemployment and offshoring. “He simply forgot
to say that he was responsible for it.”
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