French government unveils unprecedented public spending cuts and tax hikes for 2025

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The draft budget plan will be under intense scrutiny by the EU Commission after Brussels formally warned France of its excessive budget deficit back in June.

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Cutback. Shrink the economy. Reduce government revenues. Increase borrowing to compensate. Debt continues to rise. Cutback some more. Rinse and repeat.

Neoliberalism at its finest. 10 years of Macron will wreck France. (And he had quite a bit power before becoming president).

I hope we all watch and learn soberly although I don't know how many times we need to learn this lesson before it sinks in.

unexpectedly
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Well, they say artistic painters paint better when they starve? Or maybe there will be a new revolution and they will dust off the old giljotine?

fredrikbergquist