Why the minimum wage of 1600 euros is not the solution to restore purchasing power to employees

Why the minimum wage of 1600 euros is not the solution to restore purchasing power to employees
Why
      the
      minimum
      wage
      of
      1600
      euros
      is
      not
      the
      solution
      to
      restore
      purchasing
      power
      to
      employees

DECRYPTION – The measure wanted by the left is making headway among the French. However, it might not benefit the target audiences.

Of course, the left has not yet managed to impose its candidate, Lucie Castets, at Matignon. However, this has not prevented the New Popular Front (NFP) from managing to make a little music heard in recent weeks: Insoumis and environmentalists have constantly repeated to the French that the country has gone too far in supply-side policy. According to them, this excess is responsible for the loss of purchasing power felt in recent years. They are therefore calling for massive state intervention. Among the various measures recommended, the increase in the minimum wage to 1,600 euros net is the one that has had the most resonance among the population.

Aware that the subject is at the heart of the concerns of the French, the Minister of the Interior, Gérald Darmanin, estimated at the end of July in The Sunday Journal what « the increase in the minimum wage defended by the left is not a bad debate and…

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