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France's Youth Wants To Quit

Stock-Markets / France May 14, 2013 - 02:49 AM GMT

By: Andrew_McKillop


Widely published in the French press but barely reported on government-friendly audiovisual media, the "generation of '68" which includes President Francois Hollande and ex-president Sarkozy, and their policymakers and spin doctors, got a whiff of what the next generation thinks of the "libertarian and socialist society" that came out of the so-called revolution of 1968.

Hollande received an open letter addressed to him by a 20-year old Sorbonne history student called Clara G.

She said that herself, and at least one-in-two of her student colleagues want to get out of France if they can. They want to get out for reasons that only start with finding a job - France has a 27% jobless rate for its young people, a lot better than Spain's 55% rate.

She wrote that not only French society and its business leaders were biased, almost to the point of "racism against young people", whatever their qualifications or skin colour, but young persons in France do not believe it is fair they should be saddled with the enormous debts run up by Mr. Hollande’s generation of "May 68 revolutionaries", with a nice job today and a smug disinterest in changing things. Clara is actively considering leaving France for friendlier pastures. She is not alone and cites a recent poll by Viavoice for W-Cie which found that 50% of French people aged 18-34 want to leave France.

Forty-five years after the frothy talk about revolution in May 68, half of the young people of France are more interested in exile than in "staying in the system". The French system.

Addressing President Hollande, Clara G. wrote:

“This will probably shock you, but......I do not feel like working all my life to pay taxes, a large part of which will only service the 1.9 trillion Euros of debt that your generation has kindly left us. If these borrowings had at least been invested to prepare the future of the country, if I was getting a small benefit from them, it would not be a problem for me to help repay them. But this debt only helped your generation live above its means, and assure itself a generous social safety net which I will not have".

The message was clear, and hard for President Hollande in his never-ending whorl of high-class dinner reunions and so-slick debates with the coffee afterwards, to answer.

Being a history student, Clara explained, her studies included European economic history. Hollande's Baby Boomers had organized things nicely for themselves - with inflation indexed pension plans at over 1.5 times the average monthly take home pay of French working people - at least for the greediest among them, and had shuffled the bill onto to anybody stupid enough, or unlucky enough to come after these "Peace and Love" bra-burners, potsmokers and freethinkers. Or supposedly so.

After your generation's take, Clara asked "what will be left for me to live and to raise my children?". They can always strum tunes in the gutter or just simply beg! She was also more than somewhat harsh, that is honest about Hollande's Parti Socialiste Limo Liberals, called the "gauche caviar" in France, whose hypocrisy attains Everest-type summits. Hollande's new austerity-for-you, but not for me line of talk and action features punitive taxes on a widening range of "enemies of the State", the Parti Socialiste that is.
Clara G. said in her open letter:
"And, if by some improbable miracle I managed to make a lot of money, I know already that not only will I be paying most of it in taxes, but I will also endure the general reproach of my compatriots and your personal disdain". The Parti Socialiste, with its billionaire May 68-generation business friendlies is officially disdainful about the rich - excluding the May 68-gauche caviar leftovers, with the nice cosmetic surgery and a fat smile on their suntanned faces.

The Parti Socialiste definition of "rich" is now what is called, in a majority Catholic country, "tres catholique". Rich means anybody the Hollande mob can track down and isn't onboard, and in bed with them as a smiling member of the gauche cavia r- a party faithful hack.

Exactly like the Sarkozy regime before it, the Hollande regime pretends it is keeping a lid on immigration, while it opens the floodgates to any kind of cheap-labor immigrant. Decades of pro-population natalist politics, and the ease with which immigrant workers can be organized and used to divide and rule society make mass immigration a major secret weapon of the French political elite and its godfathers. Several gauche caviar billionaires, styled as "captains of industry" in official propaganda owe their riches to racking cheap labor immigrants, used as illegal workers and paid accordingly, then kicked out of France when no longer needed. The kleenex labor paradigm.

But France's political left-right mafia - called Tous Pourris or All Rotten in popular mass street demonstrations run by France's extreme right an extreme left - never imagined that legal emigration would be the goal of French youth, especially the qualified who paid to get their education and want results. The one-in-two of French youth who want to get out target any country which has economic growth and low unemployment - these are their criteria. Clara says that can include Germany, Canada, the UK, Australia, the US, even some developing countries, why not?

Clara's letter of course noted that Jérôme Cahuzac, Hollande's national budget director, had himself "emigrated" clandestinely as a tax dodger, to Switzerland and Singapore, showing that persons very close to Hollande do not feel like paying taxes and working all their lives to pay down France's astronomic debt. But these are only vulgar criminals and greedy hypocrites, and Clara said that her generation wants to be honest about the realities of life. The legal rights of citizens, endlessly bleated out by Hollande's ageing and corrupt Baby Boomers as "the reason why France is superior" has no meaning when Hollande's own budget director is a criminal emigrant.

Mr Hollande, apart from vaunting the great benefits of single sex marriage and ramming through legislation to legalize it, has many times said he intends to "make things happen" or "faire bouger les choses". For Clara G. this translates to one-half of all young persons wanting to emigrate, instead of trailing around the circuit of state and private jobseekers' agencies, being told thy are "over-qualified" for work, but not too over-qualified to be unemployed. Forever.

By Andrew McKillop


Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

Co-author 'The Doomsday Machine', Palgrave Macmillan USA, 2012

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2013 Copyright Andrew McKillop - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisor.

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