To get out of the pension crisis, Emmanuel Macron gives up the checkbook strategy

2023-04-18 18:50:22

Posted Apr 18, 2023, 6:35 PMUpdated on Apr 18, 2023 at 6:50 PM

At regular intervals since his arrival at the Elysee Palace six years ago, Emmanuel Macron explains “having changed”. This seems very true this time: by announcing only Monday evening to give himself “one hundred days to act in the service of France”, the Head of State broke with the method used to get out of the previous crises which had hit his presidency. and which was based above all on a wide opening of the budgetary floodgates.

A little backtracking is in order. To extinguish the social fire of the “yellow vests”, no less than fifteen billion euros had been released between the end of 2018 and the spring of 2019 (increased activity bonus, tax-exempt overtime, reduction of 5 billion income tax, etc.).