France's épreuve socialiste continues under Paul Krugman Fan Club charter member François Hollande:
France on Monday unveiled a package of reforms designed to increase access to abortion, including 100 percent reimbursement of medical costs by the state social security system.
At present French women are only able to claim back between 70 and 80 percent of the costs, which average between 200 and 450 euros depending on whether the abortion is induced by medication taken at home or carried out by surgical procedure in a clinic.
Imagine the indignity of having to pay a full 20% for your abortion. Let the tortured wails about male patriarchy rise up through the rafters.
So if you want to make a lot of money in France, you get slapped with a 75% tax rate, but if you want to end your pregnancy, you get a full subsidy. Given all the trusty laws about taxes, subsidies, supply, demand, etc., Hollande's official economic policy is now: more abortion, less wealth. Priorities, people. Somewhere Kathleen Sebelius is fizzing with envy.
We should propose a bargain: they can have Sandra Fluke if we can have their millionaires. Actually, with Governor Haley Barbour openly beckoning French magnates across the Atlantic, the second half of that trade may happen anyways. I have no idea how many French want to settle in Mississippi, but it's certainly looking better than Paris right now.
Hollande campaigned on subsidized abortions. All the observers who claimed he wouldn't implement his promises and couldn't squeeze his agenda through France's economically paralyzed status quo are biting their tongues right now. Instead, it's headlong into the future. It's a whole new world in France. Or rather, a brave new world.