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Macron-Le Pen debate: what to remember from the face-to-face for the 2022 presidential election
If the state of France's public finances were in the average of the countries of the euro zone, our expenditure would be lower by 211 billion, our compulsory levies by 141 billion and our debt by nearly 500 billion euros.
Every year, all public administrations need 300 billion euros, partly borrowed on the markets and from foreign investors, between new debts and old debts that must be refinanced to run the house France.
At a time when rates on French debt are rising and when the debt burden is inflating significantly, we will have to do more than promise.
We will have to act.
The period of blessed anesthesia of politicians where they could spend ever more without increasing the cost of debt is over
In recent decades, we have known several colors of government.
But everyone spent lavishly and taxes fell very little.
There remains an untested approach: lowering expenses and…
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