Hard blow
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During its summer university, exceptionally devoid of ministerial speeches due to the lack of a government, the employers’ movement spent its time regretting a blessed period and disqualifying the left’s programme.
This is a new effect of the power vacuum. When he travels to the Longchamp racecourse (Paris) for the “meeting of French entrepreneurs” (REF), the Medef summer university, the member of a resigning government does not go on stage. He does not give a “keynote” in which he says he “does not know” what “superprofits” are, like Bruno Le Maire two years ago, does not give a speech like Prime Minister Elisabeth Borne last year, does not participate in round tables.
There were only two ministers sitting in the front row on Monday afternoon for the opening of the REF: Bruno Le Maire, in charge of the Economy and Finance for seven years, and Guillaume Kasbarian, delegate for Housing for seven months. The former was given a warm tribute by the president of Medef, Patrick Martin: “You were a determined and decisive architect of these pro-business policies.” To explain the ovation that followed, one boss gets nostalgic: “It was the good old days of tax cuts without spending cuts”, before adding “We have mourned this period, there was a vote.”
“A terrible signal for the markets”
For the first
