France needs to learn from the Republicans. You don't fix the economy on the backs of the wealthy. They earned their every penny and if they are rich, the rest of us our richer. If you want to fix the economy, try to do so on the backs of the poor by cutting food stamps for instance (which we all know no one really needs). If that does not work, then raise the price of college, tolls, water, and fix things on the back of the middle class. Why can't those stupid French people understand that Bush's tax cuts on the rich were the best thing that ever happened to the American economy? Hollande to clamp down on fat cat pay | World news | guardian.co.uk The president FranĂ§ois Hollande vowed during the election campaign that in majority state-owned companies, the highest salary must not be 20 times more than the pay of the lowliest worker. The squeeze on state fat cats, expected to be enacted by decree next month, is part of the new government's quest for France to set a moral example in a crisis-hit Europe where top earners' stratospheric pay packages and benefits has exasperated workers and voters. The measure will sit alongside Hollande's promised new top tax rate of 75% on income over 1 million euros, which is extremely popular among the French public, and which he has described as an act of "patriotism" and "morality".