It is now a common place. In order to stigmatize the increase of the public debt, we rise the point that policies, conducted in France both by the right and the left, carry a threat for our children. Following this argument, time will come when we will need to reimburse and that will weigh down on next generation shoulders. It would be unfair since this debt is the result of excessive expenditures benefiting to today adults who get rid of it in transferring the bill to their descendants. To put it in other terms, we live above our resources and ...

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INSEE has, once more, revised downward 2^nd quarter French growth. It has been negative: -0.1%. France didn’t have a reduction of its GDP during one quarter since 2013. So it is difficult to share the optimism of those who consider that “it is going better”. Despite a favorable international environment, a weak oil price, interest rates at their historic low and substantial fiscal incentives for business, French economy is not rebounding. And the figures, published by INSEE even include evaluations difficult to understand since the contribution of foreign trade to growth would be positive for the first ...

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To leave François Hollande holding the full responsibility of Alstom planned decline is unfair. It is the result of more than twenty years of strategic mistakes made by its CEOs. But since, in 2004, Nicolas Sarkozy helped the group to avoid bankruptcy and gave it the possibility to rebound, the green light given by the state in 2014 to the deal settled with General Electric (GE), which was not asking for so much, has constituted a fatal mistake. Belfort closure, which is an emblematic site of the company where, during the past, were brought together activities related to transport ...

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