There is a striking contrast between the real situation of the American economy and the frequently catastrophic judgment about the French economy. In Parliament, discussions on the 2026 budget are beginning and the rating agency Standard & Poors has just downgraded France's rating to A+ with a stable outlook from AA- with a negative outlook. The fragility of the government, characterized by the narrowly rejection of a motion of censure and a heavy debt justified this decision. And it has triggered a wave of alarmist comments aimed at pushing through a rigorous budget despite a political context that is not ...