MY VIEW: Judd Gregg May 2012

Today in The Hill, former Senator Judd Gregg (R-NH) penned an Op-Ed analyzing the French elections (where France yesterday elected Mr. Hollande of the French Socialist Party) and notes what America can learn from France and their current employment situation. Gregg says that the United States should not model itself after France's labor laws or retirement system. Sen. Gregg writes:

"It has been a long time getting there, but France now seems to be on the final leg of this journey of self-delusion and self-destruction. The world is becoming more and more competitive, with no time for the self-indulgent as nations seek better lifestyles for their people. The politics of envy and the real reduction in competitiveness of the French society is clearly placing France and many nations in Europe at a tipping point. They have dealt themselves a losing hand. We should simply observe, note it and hopefully choose not to play the same cards."

Click here to read the full op-ed.

"My Views" are works published by members of the Committee for a Responsible Federal Budget, but they do not necessarily reflect the views of all members of the committee.