LE FIGARO.
- The Head of State started from the observation that France has fallen behind industrially.
How did we get here?
Alexandre SAUBOT.
-
We have to go back quite far.
Fifty years ago, France had few competitors;
standards of living and labor costs were close, in a monetary environment which made it possible to re-establish equilibrium on a regular basis.
At the crossroads of the twenty-first century, things changed: the euro arrived, China entered the WTO and the countries of the East in the EU.
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While our neighbors started a movement to improve their competitiveness, we implemented the 35-hour week, did not make any effort on public spending and put most of the weight of social protection on wages.
Until the Gallois report, at the end of 2012, nothing happened.
The decline has been slow, but sharp, in relative indifference.
Today, we can measure the consequences and the crisis has revealed our weaknesses in terms of sovereignty.
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