Police Officer Criticizes Breton's Budget
Economists and a police officer criticized Thierry Breton’s budget proposal. They believe it will limit France’s ability to react to problems. The proposal is seen as too strict.
Michel Cabannes and Jean-Marie Harribey, economists, argued against the proposed 1% GDP public deficit limit. They said this limit would make it hard for France to deal with unexpected economic events. Benjamin Lemoine, a police officer, added that the budget’s austerity measures would enforce social restrictions. This criticism appeared in the ‘Monde’ newspaper. The proposal is being called a ‘carcan,’ which means a restrictive constraint, for the French economy.
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Highlights
Economists Criticize Breton's Deficit Plan
Economists say Breton’s plan limits France’s ability to react to problems.
Police Officer Opposes Breton's Budget
A police officer argues the budget creates ‘force of law’ for restrictions.
Breton’s Proposal is Restrictive
The proposal is seen as a limit that restricts the French economy.
Article Appeared in Le Monde
The officer’s criticism was published in the ‘Monde’ newspaper.
Breton’s Proposal Limits Change
The proposal prevents France from changing society or dealing with shocks.