The members of the Arthuis commission, who submitted their report on post-Covid public finances to the Prime Minister this Thursday, took care to place their work under the blessing of a great left-wing figure, Pierre Mendès France.
With this epigraph, "
a country which is not capable of balancing its public finances is a country which abandons itself
", they immediately set the tone.
On the program, neither exploration of the avenues of modern American monetary theory on unlimited deficits, nor questioning of new budgetary paradigms in a period of low interest rates, but a return to the classics of economic analysis on state debt.
To read also:
"The French debt is crushing: lengthen its duration in the interest of the youth"
The former centrist minister Jean Arthuis and his team - mixing international economists, private sector manager, senior officials and political figures - are worried about the continued expansion of French public debt and are proposing a rigorous path to try to curb it.
The first recommendation of the report is surely
This article is for subscribers only.
You have 81% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in
