
Hard to be the President in times of crisis! Employees of private want to be protected, those of the public require increases and jobs, entrepreneurs require less tax, consumer price declines, the whole with a public deficit also controlled as possible. Everyone dreams to return before the crisis, with some the idea to stop the reforms. The stimulus, by public acquired, becomes more service, unemployment rises.
To move forward in this debate beyond the invective should first ask what is our major risk:... recession or deflation The answer is: deflation. Property is the idea that prices there do not buy today. It is our danger, because prophecy is self-fulfilling. Prices fall, up to the time when companies can no longer produce conditions of super-soldes. Therefore attention to a decrease in VAT for products. It maintains the idea of a subsequent decline of prices, in addition to its effects on the public deficit and the external deficit. It is better to lower short rates is the work of the Central Bank to reduce the remuneration of liquid savings, encourage to consume and invest.
Unnecessary also to oppose stimulus by the offer (deemed to be of right, and slow) stimulus (considered left and importing) application if it boosts first machine to finance. Therefore, to see if the ECB could not continue to lower short rates, to 1 for example, and then buy, directly or not, of securities public, Greek or Italian for example. Orthodox don't But did you want a financial crisis in our neighbors, or find ways to help and to decrease the rate of all the credits in Europe Is the US Federal Reserve to bothers to do

We say some other truths: the recovery of the application, based on a minimum wage increase, would not risk increase imports, but to undermine employment, especially today. It relates to part-time employees and services to individuals, where one-third of happy. The reaction could be immediate against this use little or no capital which would thus become more expensive. For its part, the stimulus by the offer is slower. It can also benefit major groups and support programs that will not necessarily strengthen future growth. The "good" work are not necessarily "large". Then think of those that never talks: SMEs. The current crisis makes it out to all the problems: falls commands, judgments of CSD in the interim, collapse of subcontracting in the construction industry or the automobile... They pay a large part of the current crisis, and with them the most vulnerable workers and small towns.
Why not help SMEs to resist current shock by the fall in interest rates of course, but also by local public programs allowing them to immediately receive advances on commands, with the commitment of public authorities to pay in 30 days It would be a stimulus by the offer, by the application, by cash first.
And when it comes to the sharing of added value, to say that it is globally stable in France between wages and profit, except in salary for an extreme minority of the population which has recently benefited from the famous bonus, but it is finished. And the sharing of wealth remains, unfavourable to women and young people. Why not talk about, not push a solidarity-based response territories, Government policy makers and training places, with SMEs
It must continue to reform to support businesses and innovators, fight against discrimination, help young people, educating seniors and the unemployed, including part-time, strengthen the territories. And it then reduce conventional public spending to make room for these investments in training and socialization. Therefore we must stop opposing: targeted reforms can leave and better distributing. Let us discuss.