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Economic recovery, "the other battle"

2020-05-11T19:18:45.474Z


The editorial of Figaro, by Gaëtan de Capèle


Put under bell for two interminable months, France finally begins to breathe. After a hibernating spring, daily life resumes with counted steps: it becomes - almost - possible to move again, the shops can reopen, the sites start again, the factories restart, the businesses restart slowly.

Only history will judge, but from a health point of view, the almost complete shutdown of the country was probably, given our state of unpreparedness, the least worst of choices in the face of the epidemic. With more than 26,000 deaths to date in France, its human toll is heavy, but it has been contained. The economic cost of this radical strategy is, however, exorbitant. To mitigate the shock, the government has deployed unprecedented means to support businesses and employees, suddenly deprived of activity. These tens of billions of emergency aid will cause an explosion in public debt, which we may regret

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Source: lefigaro

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