Project blanks are gladly referenced to a golden age, that of the “Thirty Glorious”, where France invented TGV, nuclear or ariane rocket.
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In election period, difficult to find more consensual than investment. That it is long term, for the energy transition, social … while Emmanuel Macron presented, Tuesday, October 12, the main lines of France 2030, almost all candidates for the Presidency of the Republic propose major projects intended to revive the economy, to upgrade infrastructure, reindustrialize or resorbing inequalities.
The plans are always “massive”, without being encrypted, and are gladly referenced to a golden age, that of the “Thirty Glorious”, where France invented the TGV, developed the nuclear or the ariane rocket. Symbols of a prosperous era still present in the collective imagination, and who have largely inspired the executive.
“Do together again have bold and strategic choices, as we did yesterday for nuclear, aeronautics or aerospace,” said early September Xavier Bertrand (former Republicans), in Châlons- En-Champagne, also talking about nuclear, hydrogen and biotechnology. The shorter term, the candidate also promised a “massive investment program” in roads, rail, fiber and infrastructure.
This offensive speech is left on the left, especially at Arnaud Montebourg, with its “industrial remontada”. The former minister of productive recovery aims to deploy public money to “rebuilding jewels”, he said, in Clamecy, in early September, promising “a new Alcatel to master our future 5G”, “a new Alstom to manufacture our own decarbonated and renewable energies “or” a new Pechiney to control our aluminum “.
” Repair of France “
The context is obviously favorable. The consequences of COVID-19 have given the Center the issues of industrial sovereignty, and relegitimized the role of the strategist state to prevent and manage crises. The central banks also make it possible to borrow massively, while international organizations, which usually preach rigor, push the public authorities to support the economies. So that, in the post-crisis world, investment is no longer assimilated to expenditure.
On the side of ecologists, one advocates a “massive, social and ecological plan”. The Yannick Jadot program provides 40 billion euros in investments a year on the first two years of the five-year, 50 billion a year later. On the menu, the energy renovation, the development of renewable energies and rail transport. “We are in a phase of repair of France, with a massive and fast ecological transition effort to be carried out”, defends Eva SAS, charged with the economic component of the Yannick Jadot campaign.
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