It's a little phrase we often hear: the public debt we incur will be a burden on our children.
The Minister of the Economy, Bruno Le Maire, himself, claims to want to start thinking about
“a credible strategy for restoring public finances”
so as not to leave the slate
“for future generations”
.
The figure of over 120% of national wealth this year is, it is true, frightening.
The thing is, in reality, more complex.
"We are not only bequeathing a debt that will have to be discharged by future generations, we are bequeathing them a state of the economy"
, says a very in-depth study by the OFCE on the subject.
"If the public debt finances additional efficient investments (infrastructure, education, training, research, support for innovative companies), it generates additional income in the future, and it is therefore not a burden for future generations. "
adds Patrick Artus economist.
Read also:
France facing the wall of colossal debt
It is still necessary
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