Social Politics in France

Even though France has come along way since the 1960s not all is well among its citizens. In 2001, only some thirty percent expressed trust in the government and just twelve percent said they trusted political parties. Only fifty percent said they were satisfied with the state of democracy in France. Since 1980s it has been very difficult for any political party to stay in power very long and thus there is a high turn over of political leaders.Its no wonder there is discontent since real disposable income for the average worker has increased by only 1.2 percent a year since 1980.
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By the 1980s France had elected a Socialist president for the first time during the Fifth Republic. For almost three years, that government continued to fund the stagnant economy by nationalizing 49 major enterprises, and pouring funds into industry on the idea that public investment would offset the lack of investment by the private sector. This did little to help the economy as the markets continued to slide and even worse the exchange rate of the French franc spiraled downwards in comparison to the other currencies in the European monetary system.
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Although the shifting of national production contributed to the slow growth experienced in those twenty odd years there were some positives. Demographic were changing also at the time as women were encouraged to seek employment and by the mid 1990s over 60% of all women in France were employed which was significantly higher than the 35% of women employed in the 1960s. This played a major role as most household were lucky enough to have two incomes supporting them which minimized the hardships if one became unemployed.
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