Betsy Newmark writes:
Gee, the French have discovered that they can’t rescind the laws of economics. There law mandating a 35-hour work week didn’t spur employment and just ended up hurting lower income people who needed that extra income. Funnily enough, employers didn’t leap to pay the same salaries for 35 hours that they had paid for 39 hours. People found, quelle horreur! that they were earning less. And employers didn’t run out and hire more people to pull up the slack, especially with all the state-mandated benefits that any employee must receive.
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Who knows–maybe they’ll be able to leave the seventies soon.
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