Record France trade deficit in January has reinitiated the debate about the competitiveness of enterprises and remedies to adopt. This situation is rather paradoxical because the economic policy followed since 2013 has targeted, through tax cuts and social charges reductions, the improvement of their competitiveness. It is what was called the supply-side policy, in opposition to policies which stimulate demand through increase of purchasing power or public expenditures rise.

In January, exports fell by 9.2%, reaching only 37.2 billion euro when imports rose by 2.7%, reaching the unprecedented level of 45.2 billion. The deficit, equal to ...

Continue reading

The crisis which is affecting the French left is less the result of a clash between personal ambitions than of its incapacity to define a vision for the France future and to elaborate proposals capable to conciliate the demand for social progress which is its raison d’être with the new world the country must integrate.

A vision is created from a thought. That one is the fruit of a reflection which is improved by meetings with people from diverse origins all along a life. That was François Mitterrand legacy, which gives him today the stature of a statesman ...

Continue reading

In 1897, the French writer Alfred Jarry invented a concept: the Pataphysics, which inspired the surrealists. It was the science of imaginary solutions. The campaign for the next presidential election, in France, these days, would justify creating a new one, Patapolitics, the science of imaginary political solutions, which are mentioned in the programs of some candidates. They are promoting completely inappropriate answers to the problems France has to cope with, but they are presented as solutions, capable to make people dreaming.

In this competition, the winner is, without any hesitation, Marine Le Pen with her project to abandon euro. It ...

Continue reading