04 May 2007

The Myth Of French Decline

In this French election season, many have argued that France is facing an economic decline or stagnation. This may be true for the very rich in France, compared to the very rich in the U.S. and U.K., but there is a cogent argument to be made that this is not true for the bottom 90% in France, whose lot has improved or stayed even with their peers across the channel and across the Atlantic.

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