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Would it be possible to absorb the public debt if the French worked more?

2021-10-18T17:16:40.794Z


DECRYPTION - Underemployment weighs down the public accounts by the multiple expenses of compensation while reducing the revenues of the State. Explanations.


Cocorico,

"in 2020, overall household income continued to increase despite the sharp drop in activity,"

marvel at the Élysée and Bercy in a joint note published in early October.

There is something: while

"the volume of hours worked, throughout the country, fell by 7.4% over the year compared to 2019"

according to INSEE calculations and that production (GDP) fell by 8%, households saw their purchasing power increase (on average) by 0.4% in 2020.

Magic money exists, the French have met it.

"Today we can get rich while sleeping"

rebelled in 1990 President François Mitterrand, stigmatizing

"the owners of good securities, good land ..."

.

What progress in thirty years;

from now on it is a whole country which can survive at rest.

Emmanuel Macron and his great financier Bruno Le Maire realize their subliminal message?

"No need to dig, dig, dig for the money to emerge, the state is there."

They know

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Source: lefigaro

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