This Just In: Socialism Doesn't WorkFrance's
unemployment rate is back to 10%.
The good news? Finance Minister Gaymard believes that no sacrifice is too great for his people.
It will also add to pressure on Gaymard, who took office less than three months ago but is already caught up in a scandal over his publicly funded 14,000-euros-a-month ($18,500-a-month) apartment, which could yet force him to resign.Hey, that's pretty cheap by Parisian standards; I hear he turned down a $20,000 a month apartment.
Update: Gaymard
has resigned.
The 600-square-square-meter (6,500 square-foot) apartment just off the Champs-Elysees in an upmarket Paris neighborhood undermined Gaymard, who was calling for the government to rein in spending to meet the European Union's deficit limit.