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Lack of Worker Productivity Hurting French Economy?

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  • Description

    FBN’s Gerri Willis on the economic impact of low worker productivity in France.

  • Duration 2:22
  • Date

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Well here at Fox Business we have on occasion.

Held American workers feet to the fire there -- those FedEx workers throwing Christmas presents in the bush is.

Yeah instead delivering them remember that we should do that and here are Michigan factory workers drinking beer and smoking.

On their lunch break the -- get down on it that's a lot of work on on their.

But American workers just don't stack up to French workers in the goofing off and mailing it in department the CEO of an American tire company found this out.

The hard way.

Titan International CEO Maurice Taylor had attempted to turn around of French tire factory.

Didn't go so well.

Here's what you wrote France's minister of transforming productivity out I got one of those and France.

He spent time at a factory and I'm -- I'm not sure announcing -- right here's -- I visited the factory a couple of times a French workforce gets paid high wages what works only three hours.

They get one hour for breaks and lunch talk for three and work for three.

I told us to the Virginia workers to their faces they told me that's the French way -- hall.

Well the CEO went on to -- that France will lose all its domestic tire producers that the government continues to metal and labor negotiations.

Quoting and the Chinese are shipping tires -- France really all over Europe and yet you do nothing.

In five years -- will be able to produce tires in France prince will lose its industrial business because government is just work government.

That's for -- -- -- -- says no way you can keep the so called workers.

It's no surprise -- -- is in big economic trouble.

-- France swap how blonde was running for office he protected the economy will grow one point 7%.

Now by the time we head office he -- the number 21 point 2%.

And by the time the budget was drawn up the -- was forecasting growth of eight tenths of a percent.

Turns out all of that was way way too optimistic -- in recession.

It all reminds me of the story I read recently about a store owner who just didn't get it.

He -- the popular breakfast treat that he couldn't keep in stock because it would sell out in minutes to supporting customers who arrived later in the day.

So now instead of ordering more or making it himself he's stopped selling the tree.

Just like France he didn't get it.

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