Stéphane Azihari: “Before talking about purchasing power, let’s dare to talk about growth in France again”
CHRONICLE - The demands expressed in the streets forget an economic invariant: it is growth which nourishes purchasing power. However, it is still moving backwards.
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CHRONICLE - The demands expressed in the streets forget an economic invariant: it is growth which nourishes purchasing power. However, it is still moving backwards.
“The French economy is at a standstill,” conceded the Minister of the Economy Roland Lescure, while INSEE noted a decline in activity in the third quarter of 2026. This complicates the government's budgetary equation. The finance law anticipated GDP growth of 1%; two revisions later, nothing even guarantees that the 0.5% now hoped for will be achieved. The reduction in revenue thus compromises the recovery of public accounts, this year as well as next year.
It is in this gloomy climate that the mobilizations against the high cost of living and for rising wages have continued for several weeks. The contrast is striking between the state of the economy and the demands of the streets. No one can disqualify the noble desire of workers to improve their lot; However, we can only deplore the dissonance between means and ends.
“The State is the great fiction through which everyone strives to live at the expense of…
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Machine-translated from French
Not cross-checked yet
Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro12 Nov, 08:00
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.