In this legislative campaign, the various candidates promise an increase in purchasing power.
Some even undertake to raise the minimum wage to 1,500 euros net and retirement at 60.
However, purchasing power is the ability to buy goods and services in return for goods and services that one can sell oneself, including in the form of work in return for a salary.
If nothing is produced corresponding to solvent demand, nothing can be bought.
There is of course the rise in the prices of energy and raw materials which requires an increased effort of productivity and targeted aid, in particular by companies, for the workers concerned.
But it is only in France and Venezuela that there is a claim, across the political spectrum, to create purchasing power from the wind or, what comes to the same thing, with public spending. on account.
Two facts are surprising.
On the one hand, that the elections have become only a course of promises during…
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