Purchasing power, budget vote, reform of unemployment and pensions

The government will have to tackle delicate sites, against a background of persistent inflation and repercussions of the conflict in Ukraine.

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He called on the French to “agree to pay the price of freedom”. Friday, August 19, in Bormes-les-Mimosas (Var), Emmanuel Macron has set the tone: economic and social subjects will occupy the political agenda of autumn, against a background of persistent inflation and repercussions of the conflict conflict in Ukraine. “Between the uncertainties on the question of purchasing power and growth, and the reforms to be implemented in the absence of a majority in Parliament, the start of the school year will not be easy for the government,” summarizes Philippe Martin, the president Delegate of the Economic Analysis Council, a reflection group attached to Matignon.

The fall must also mark the real kick -off of the second five -year term of Emmanuel Macron. Again, the coming months will be decisive. Will the executive manage to pass the reforms supposed to achieve the two main objectives of economic policy promised by the Head of State for 2027: full employment and a public deficit reduced to less than 3 % gross domestic product (GDP)? “We can go towards full employment, but we must continue to carry out the essential reforms,” ​​he recalled in his interview with July 14.

Among these, the unemployment insurance reform, intended both to make budgetary savings and to encourage the return to employment, plans to adjust the allowances of the persons concerned according to the health of The economy, without the specific criteria being still known. A principle that bristles unions. The pension reform, still planned to enter into force in the summer of 2023, also promises heated debates, while that of active solidarity income (RSA) must be experienced in several departments. While the oppositions intend to be heard, the next few weeks promise to be sown with pitfalls for the president and his team, which he had to bring together for a first council of ministers, Wednesday August 24.

The price of the priced prices

It was at the center of the first parliamentary texts in summer: prices outbreak, in particular food and energy, will continue to put the executive under pressure. The more than 20 billion euros in measures voted – not without difficulty – this summer to support purchasing power (fuel delivery, back -to -school, revaluation of social minima, price shield on gas and electricity, Will overtime tax exemption ceiling …) be enough to calm the concerns of the French? Nothing is less sure. If prices at the pump are down, inflation exceeded 6 % in July.

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/Media reports.