When everything comes together so that the deficit disappears from public debate

There was a time when talking about budgetary orthodoxy was not a dirty word.

There were even presidential campaigns - not so long ago - where we were fighting to be virtuous, to be the one who would bring France back into the nails of the 3% of the European Stability Pact and make it find its credibility with its partners. Less than three years ago, Emmanuel Macron included in his program the objective of returning to balance by the end of the five-year term.

Read also: The trajectory of public finances for the quinquennium soon updated

This debate seems to be from another century today. Apart from a reflection on the balance of the pension reform - which appears more to be a question of dogma for those who defend it as for those who do not make it a priority subject -, the theme of public finances has disappeared political speeches. Even the minister in charge of the country's accounts, Gérald Darmanin, speaks only lip service…

Rejection of budget sacrifice

There are several reasons for this. The first is political: it is no longer fashionable to ask for

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