France: The Rise and Fall of Emmanuel Macron

By Guy Millière:

When Emmanuel Macron was elected president of France in May 2017, he was portrayed as a reformer who was going to change everything in France and beyond.

Fourteen months later, illusions are gone. The reforms carried out have been essentially cosmetic and failed to slow France’s sclerotic decline. Economic growth is close to zero: 0.2 per cent in the second quarter of 2018. Unemployment, at around 8.9%, remains high. French public spending as a percent of GDP is, at 56.4%, still the highest in Europe. The country is still frequently paralyzed by public transportation strikes. No-go zones continue to spread, and Macron himself recently admitted his helplessness by asking for a “general mobilization” of the population. Riots are frequent; large-scale public events lead to looting and arson. The night after the French team’s victory at the soccer World Cup, hundreds of thugs mingling with the crowds broke windows, vandalized banks and ATMs, destroyed street signs and torched cars.

Read more: Gatestone Insitute