Officially, he has not formalized a program on the subject, since he is still not a candidate. Officially, it is not expected at this stage of a burst of announcements as on security, Monday January 10 in Nice, but “Several trips, soon, on themes such as industrialization or attractiveness”, indicates the Elysee. On economic subjects too, Emmanuel Macron began to outline avenues for reflection: overhaul of inheritance taxes (in his interview published in The Parisian January 4), reopening of the universal activity income project (during the annual congress of the Federation of Solidarity Actors, January 6) … Three months before the presidential election, the Head of State thus assumes his policy of “whatever the cost”, while ensuring that“There will be no tax increase”.
For his part, the Minister of the Economy, Bruno Le Maire, openly defended, Friday January 7 in front of the press, new tax cuts for companies and reductions in contributions on high wages. Objective: to accelerate the “reindustrialisation” of France, according to him the only way to boost growth and promote employment.
A draft of certain proposals from the future candidate Macron? One thing is certain: the former minister of François Hollande does not intend to abandon the economic field, which was his trademark in 2017. But, while he was defending at the time a program of liberal inspiration – praise of “risk” rather than “rent”, flexibilization of the labor market, lower taxation of capital … – Can the outgoing president resume these elements following two years of crisis?
There are still six months, at the Elysee as at Bercy, we hoped that the chapter of “whatever the cost” opened by the management of the crisis linked to Covid-19 was almost closed. The succession of variants has decided otherwise, and entire sections of the economy are still on a drip. “Due to health developments, support for the economy continues to end. But the criticism on this subject carries little ”, notes Xavier Ragot, president of the French Observatory of Economic Conditions. For Jean Pisani-Ferry, who coordinated Emmanuel Macron’s economic program in 2017, “The Covid crisis and the environmental crisis have changed the role of the State, we are no longer in the liberalism of the 1970s and 1980s. But obviously not in the administered economy either. We must reinvent public action. “
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