Professor of finance at the Massachusetts Institute of Technology (MIT), David Thesmar is invited this year to the economics department of Sciences Po. Of liberal inspiration, the researcher won the prize for best young economist in France in 2007.
LE FIGARO.
- What do you think of the current French budgetary debates?
DAVID THESMAR.
-
In 2017, candidate Macron displayed a clear strategy: he wanted to increase the deficit in order to finance his structural reforms.
The first part of the promise was kept perfectly.
Minus the second…
It's been this way for decades.
In France, either the reforms are not carried out, or they are adopted as a “Canada dry” version.
To simplify, the left is not really concerned about it and the right still hopes to be able to lower taxes without reducing benefits, thanks to the fantasized improvement in the efficiency of public spending.
Read alsoBercy plans two billion euros in tax cuts for households in 2025
In fact, everyone agrees to postpone the real difficult questions, especially since they have…
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