France’s Young Socialists responding to the “toughest austerity measures since 1945″ outlined earlier this week by the French Government:
“The Government’s new austerity plan…once again hits the poorest households and preserves those of the rich.
“They are unfair. Never do the Government dream of rethinking the tax give-aways for the richest, big companies….”
The Young Socialists also criticised the increase in VAT because it would cut the disposal income of families and the abolition of a cost of living link to family welfare payments.
They said the record deficit was “not so much due to an increase in public spending as to a cruel reduction in revenues to the state. Relaunching growth is the indispensable precondition for a reduction in this deficit abyss.”
The Young Socialists says domestic consumption should be boosted by ‘green economic planning’ and an increase in wages.
10.11.2011
Link to Jeunes Socialistes website
More on the measures announced earlier this week from Euro News
Watching Corporate Europe
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