"Emmanuel Macron's fascination with debt betrays the fact that he has never been a liberal"

François de Coincy is the author of

Mozart was he content to be born?

.

Some may have thought that he was turning liberal when he abolished the ISF, forgetting that the criterion is not lower taxes but control of public spending.

We could also think of it when he asked a young unemployed person to find work on his own or when he considered abolishing the ENA, but it was probably only moods on his part in noting the ineffectiveness of his senior administration in dealing with problems without his personal intervention.

The practice of lonely power since the COVID crisis is setting the record straight.

To read also:

To understand the essence of his approach, let's dive into the book he wrote before his election, a time when his thinking was not disturbed by the tensions of exercising the highest office of the State.

Under the curious title of "

" he expresses his philosophy of power and his desire to restore the will and the effectiveness of the State: for example, he wants the State to take back in hand the pensions which in theory depended on the partners. social or that it must intervene in cities to free up land.

He sees public money as the main weapon, in schools, hospitals, ecology and in the digital fiber.

He refuses the increase in working time which he considers unacceptable for the French

He accepts the delegation of management, but the real boss must still be the State, which will gladly accept proposals from the field but will of course retain the final decision (a fine foreshadowing of what the citizen masquerade will be for the climate).

The economic disaster dreaded by Roux de Bézieux is happening.

We won't feel it right away since we manage it on credit

Not a liberal reflection, except for the good intentions at the beginning of the book where he blurted out: “

".

When Geoffroy Roux de Bézieux, coming out of a meeting with the State where he becomes aware of the economic catastrophe which will be the consequence of confinement, says with perfect common sense that we will have to work more, it follows a political and media outburst on the ultra-liberalism of the boss of the bosses and his insensitivity to the future misfortunes of the French.

Very shortly afterwards, Roux de Bézieux, probably stunned by the hundreds of billions that the State then promised to pour onto businesses and households, abandoned his reserves, his role of defending companies being assured.

We imagine that he did not think less, thus joining the pragmatic position of the boss of Peugeot who, questioned by a journalist on the enormous subsidies granted to electric cars, exposed to him with a refreshing frankness his concern as a citizen in front of the the gigantic cost of the measures in favor of electric cars and his determination as an industrialist to take advantage of them for the development of the company.

To read also:

On March 16, 2020, Emmanuel Macron missed his appointment with History.

It was the key moment when he could trust the French by asking them for these extra efforts that everyone, out of solidarity, was ready to make.

He "

" but there is no war effort apart from that of the medical profession and chooses renunciation through debt to avoid blood, sweat and tears.

The economic disaster dreaded by Roux de Bézieux is happening.

We are not going to feel it right away since we are managing it on credit.

If we had compensated her with additional work, as he had suggested, she could have been behind us in a few years.

Debt is a form of state lie much more serious than the masks or the radioactive clouds that stop at our borders

Debt is a much more serious form of state lie than the masks or the radioactive clouds that stop at our borders.

While the product of the work is definitively acquired, the loan is a deferred loss of the patrimony of which it will be necessary to support the maturities (by an additional work or a lower standard of living) during decades.

This is the policy of Keynesian egoism: we can euthanize the saver, and we do not worry about the future because in the long term we are all dead.

Long-term borrowing without knowing how it will be repaid is perfectly suited to policies with a very short-term horizon: they need to last 2 or 3 years while the horizon is the one that recedes over time. as we move forward, it is the long-term perspective of family businesses or the vision of the forester who plants a tree with the eyes of his future grandchildren.

To read also:

We could not expect from Emmanuel Macron a liberal approach and if his personal involvement in the slightest decisions of this crisis shows courage and commitment, it implicitly calls into question the ability of the senior administration from which he came to to lead the country.

“

” by deciding that the State alone is able to manage a major crisis, we deprive ourselves of the capacity of our organizations, whether public or private, to make responsible decisions locally.

Some people fantasize about strengthening the role of the state when the crisis is over.

On the contrary, the analysis of events will confirm what we can already see of the limits and failings of the centralizing and omnipotent State.

Many will then want to implement a less managed society where decisions "

", where citizens are not assisted and where individual initiatives are favored.

Emmanuel Macron is intelligent and agile enough to understand this and explain to us that after the necessary period of special power that saved the lives of many French people during the health crisis, it is now time to make changes allowing us to improve our democratic functioning.

But on the one hand he will only do it if the French and the media are themselves convinced of it and on the other hand if another tenor has not taken up this campaign theme before him.