Among the three causes generally quoted to understand the French crisis, wrong economic choices, mistakes made about fuels taxation and executive power communication policy, this last one is, definitely, the deepest. When concerns regarding communication are taking the priority against an efficient management of public affairs that leads to disastrous results. France is today going through this regrettable experience. Everything has started in the course of 2018 with announcements regarding tax increases on gasoline and diesel for the next four years. These measures were justified by environmental as budgetary reasons. They couldn’t avoid deeply hurting concerned people, i.e ...

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2018 has surprised. The 2017 year had come to the end in good conditions. It was “planets alignment” with a very low oil price, interest rates near zero and a favorable global environment. French growth reached its highest level for a long time: during 2017 2^nd half, it had been near 3%, on annualized rate. That did not last. International tensions increased all along the year with the promise of a trade war between China and the U.S., an unprecedented hostility of the American president toward Europe and a brutal rebound of oil prices. Inflation was making a ...

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The measures Emmanuel Macron has announced to try to answer to the deep discontent in France which is expressed through the « gilets jaunes » movement carry, all of them, the same logic: to rise employees purchasing power whose pay is inferior to the average. These increases or bonus are partly financed by the State because they are not subject to taxation or they result from an increase of current bonus exempted of social charges. A small share will remain to be supported by employers. The objective is to reduce the tensions through a diminution of inequalities but the main consequence will ...

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