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March 29, 2007

Hermès chief berates Presidential Candidates


Patrick Thomas calling on France's presidential candidates to embrace economic liberalism.

I am sick of “communist” government, France needs a leader who will emphasise wealth creation, as well as wealth distribution.


Patrick Thomas is the chief executive of Hermès International

Hermès is a luxury goods maker and exporter, whose silk ties and scarves are emblematic of French chic. Read original article

Whilst I would say that Mr Thomas reactions are a bit strong, there is evidence of mounting frustration in France with economic policies that seem to stifle the countries economic growth. See my earlier post. Spain is not complaining though!

Remember the golden rule:

Wealth must be created before it can be distributed


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