INSEE has just published its first estimation of the growth rate of the French economy during the 1^st quarter. The result has been very disappointing. When the last forecasts were based on a GDP increase by 0.2% or 0.3%, production has fallen by 0.1%. It is the first diminution occurred during the last four years. It is obviously symbolic since the accuracy of the figures is not enough to talk about a real drop or even of a recession. But it constitutes a failure for the government which has considered a growth comeback as a priority ...

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Facing the social crisis, the government answers that its economic policy is the right one, that the current reforms are producing their first results and these ones are visible regarding employment and growth. It well prevents itself, to the opposite, to comment foreign exchanges numbers which remain alarming. The trade deficit excluding energy is still near 20 billion euro when the policies followed for ten years had, as an objective, to restore the French industry competitiveness. The working costs reduction and the taxes diminutions in favor of enterprises, financed by large by the budget deficit were supposed to regain market ...

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Instead of going to rest at Bregançon or at Marrakech, French political leaders would have been better inspired to go to Sienna. Inside the Palazzo Pubblico, they would have been able to admire the Ambroggio Lorenzetti large fresco, the Allegory of the good and of the bad government. On the wall located at the right of the central panel where are sit the Ministers, is represented a peaceful and prosperous city where happy inhabitants are walking, located in the middle of a campaign where fields are well maintained and where olive trees are growing. On the left, to the ...

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