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Jean-Pierre Robin: "Bercy underestimates the difficulties of the French and their companies"

2021-03-28T20:22:47.224Z


CHRONICLE - The sacrosanct PIB, official compass, poorly expresses lived reality. The theaters are closed but the administrations are keen to ensure the show. While the Ministry of the Interior plays Courteline with the "certificate of exceptional travel to the fifteen boxes", the Ministry of Finance has a predilection for Ubu Roi . Bercy, and its "phynance pump" as Alfred Jarry calls it, published this curious press release on March 19 to quantify the consequences of the third


The theaters are closed but the administrations are keen to ensure the show.

While the Ministry of the Interior plays Courteline with the "certificate of exceptional travel to the fifteen boxes", the Ministry of Finance has a predilection for

Ubu Roi

.

Bercy, and its

"phynance pump"

as Alfred Jarry calls it, published this curious

press

release on March 19 to quantify the consequences of the third confinement in the sixteen departments concerned (nineteen today):

"110,000 shops closed, 0.2 point of gross domestic product (GDP) lost over the year and an additional 1.2 billion euros in monthly spending to support businesses. ”

Read also:

Can France really hope for an economic recovery of 6% in 2021?

These are three numbers that are easy to understand, provided you know that France's annual GDP - its production - is 2,290 billion euros.

And that's where it all goes wrong: put end to end, the three data are inconsistent.

How can we accept that the loss of production (0.2 percentage point of annual GDP, 4.6 billion euros) is

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Source: lefigaro

All news articles on 2021-03-28

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