A staggering statistic from the article
Last week in France, charismatic finance minister Nicolas Sarkozy resigned from the government in order to challenge for the leadership of President Chirac's UMP party, despairing of what is seen in France as a do-nothing regime that is fiddling while the country burns. The economy is mired in low growth and high unemployment; government spending at 54 per cent of GDP can go no higher.
Government spending is 54% of their GDP?!!