News update for 18 September 2025: French Pensioners Earn More than Working Adults
_______
French government collapse: Will Macron learn any lessons?
He is burning through prime ministers at a steady pace – not that he's likely to learn his lesson and stop milking the taxpayers
By Rachel Marsden | September 9, 2025
France has gone through so many prime ministers lately that they should just bolt a wind turbine to the revolving door. At least then the political instability could maybe bring down the people's rising power bills, particularly given that the tax on energy just jumped from 5.5% to 20%.
Francois Bayrou is the third handpicked puppet of French President Emmanuel Macron, who's at around 15% popularity himself, to get turfed within a year, and the fourth over the past two years. He called for a no-confidence vote on himself a couple of weeks ago, effectively begging opposition lawmakers to put him out of his political misery after finding himself in the apparently impossible situation of trying to find €44 billion to cut from the French budget.
So Bayrou found himself in front of parliament on Monday, right before the vote, pretending to plead with lawmakers not to shove him off the ledge and into the political abyss from which Macron fished him out in the first place. MPs enthusiastically seized the opportunity to pay tribute to Bayrou, but what they delivered looked more like a highlight reel of slam dunks – with Bayrou as the basketball. They accused him of everything from degrading France's finances while claiming to be investigating them, to racking up new expenses while hand-wringing over the mounting bills.
Bayrou gets to now go back home to the south of France and enjoy a lifetime of gold-plated entitlements for having been a prime minister for all of about ten seconds. It turned out that 364 lawmakers voted against him, with just 194 awarding him their confidence.
Read more French government collapses
It's been a long time coming. Bayrou really hasn't seemed too interested in hanging in there for a while now. Why else would he have proposed, back in mid-July, canceling a couple of paid state holidays every year for French workers as a means of pinching a few pennies? Or clawing back benefits that French workers have paid into their entire lives under the explicit agreement that if they pay massive taxes during their productive life, then the government will guarantee their comfort on the back end or when they need a social safety net.
In the run-up to this vote, Bayrou was also riffing on the idea of saving a few more cents by canceling health coverage for things like doctor-prescribed spa trips. Admittedly, I was surprised when first I arrived here a couple of decades ago to learn that French social security pays for people to flop around in spring water up in the Alps, but it's hard to imagine that’s what broke the bank or tops the list of idiotic big-ticket items.
Please go to RT to continue reading.
________
Is France the "new Greece" or the old central bank debt model combined with uncontrolled excessive government spending? France's current circumstances: Low productivity and lack of productiveness. Well, maybe that's a good thing?
This is why France's Macron who is an errand boy for the central bank keeps the agressive rhetoric going at a high pitched level against Russia:
The European central bankers have the Germans all excited about war with Russia again to resolve their debt issue:
Germany to Add More Than 100,000 Troops to Army in Preparation for War With Russia
Germany to Add More Than 100,000 Troops to Army in Preparation for War With Russia
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.