France’s deficit, Emmanuel Macron’s refusal to increase taxes, new unemployment insurance reform… The “8h30 franceinfo” by Michaël Zemmour and Christian Saint-Etienne

The two economists were the guests of “8h30 franceinfo” Friday April 12, 2024.

Michael Zemmour, teacher-researcher at the University of Lyon 2 and Sciences Po, and Christian Saint-Etienne, member of the circle of economists and teacher at the National Center of Arts and Crafts, were the guests of “8h30 franceinfo”, Friday April 12, 2024. They answered questions from Agathe Lambret and Jules de Kiss.

2024, “Not a good year” for public finances

“The deficit is significant and can be explained by two things: slowed growth and significant tax cuts”analyzes Michaël Zemmour, while France’s public deficit will reach 5.1% in 2024

This deficit is “a drift rather than a project”, and “this is what is worrying”

“The deficit is linked to the lack of control of operating expenses”believes Christian Saint-Etienne. “It is not the energy transition which is at the heart of the deficit unfortunately”he laments.

Unemployment: “To say that it pays more not to work than to work is not true”

“Unemployment is capped at 75% of the reference salary so it is always lower than the salary, and when we are on social minimum, even when we take a few hours of work, we earn money, on the other hand we does not always escape poverty”explains Michaël Zemmour.

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Find the entire “8:30 am franceinfo” from Friday April 12, 2024: