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EDITORIAL. The French complacency vis-à-vis the deficits risks undermining the economic development, social cohesion and sovereignty of the country.
© IDRISS BIGOU-GILLES / Hans Lucas / Hans Lucas via AFP
By Nicolas Baverez
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Ihe presidential campaign overlooked France’s public debt and its sustainability. The programs compete with promises of new spending and tax cuts, while remaining vague on their financing. If their orientations are at odds, the twelve candidates share the idea that public money is and will remain free and unlimited. The war in Ukraine took over from the Covid-19 epidemic to transform the so-called “whatever it takes” principle into a permanent regime.
The national consensus that the debt wall is a myth is based on the need for state intervention to respond to successive shocks: the 2008 crash; movement of yellow vests; Covid epidemic; return of war in Europe and the imperative of rearmament…
De Gaulle – Think, resist, govern
His name has become synonymous with a free and powerful France. De Gaulle, the man of the appeal of June 18, has established himself in history first as a rebel, a resistance fighter and then as a charismatic political leader, in France and abroad. Adored, hated during his presidency, he became after his death a myth, an ideal politician that on the right and on the left we begin to regret.
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