Purchasing power: a law that goes against the grain

by time news

2024-01-20 19:01:07

The slowdown in the rise, yes; the drop in prices, certainly not! A slow decline in inflation has begun, but prices will never return to their pre-Covid level. However, it is illusory to want to continue fuel discounts and other price shields: compulsory deductions are on hold, the State is drowning in debt (which costs it more and more with the rise in rates), and these measures represent astronomical sums.

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Bruno Le Maire is well aware of this, who must find 12 billion in sustainable savings between now and the next budget. But the master of Bercy also knows that there are ways to support purchasing power without digging into the pockets of taxpayers, or leaving a slate to their children. Develop employment, first of all. Hence his desire to simplify the administrative life of small business owners, to increase their activity. Emmanuel Macron validated a future law in this sense on Tuesday, during his press conference. He added the relaunch of the fight against rents which maintain high prices.

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