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Macron warns French of tough times ahead, end to energy price cap
France24 ^ | August 24, 2022

Posted on 08/24/2022 5:56:13 AM PDT by Oldeconomybuyer

President Emmanuel Macron warned the French on Wednesday of tough months ahead as the world faces "a big shift", with government spokesman Olivier Veran adding that the cap on energy prices will have to end.

The billion euro energy price cap, which has helped households cope with soaring inflation, looks set to expire this winter, the government said. Gas prices in France are currently frozen and there is currently a cap on power price hikes.

Both have helped keep French inflation lower than many of its EU peers but are weighing heavily on the public purse.

Furthermore, pension and unemployment benefit scheme reforms are also in the works and will likely trigger street protests.

Unions swiftly rejected Macron’s call for sacrifices to be made, saying workers needed higher pay to cope with rising inflation.

(Excerpt) Read more at france24.com ...


TOPICS: Constitution/Conservatism; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: emmanuelmacron; energy; energyschadenfreude; europe; france; haha; inflation; itistolaugh; payupsuckers

1 posted on 08/24/2022 5:56:13 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

France need to get more gas from Algeria.


2 posted on 08/24/2022 6:00:27 AM PDT by Paladin2
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To: Oldeconomybuyer
Unions swiftly rejected Macron’s call for sacrifices to be made, saying workers needed higher pay to cope with rising inflation.

More socialism. That'll fix things.

3 posted on 08/24/2022 6:01:21 AM PDT by ClearCase_guy (We are already in a revolutionary period, and the Rule of Law means nothing. )
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To: Oldeconomybuyer

All because socialism does not work..thump..socialism does not work..thump..socialism does not work..thump..socialism does not work..


4 posted on 08/24/2022 6:01:26 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966 )
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but Putin!


5 posted on 08/24/2022 6:03:04 AM PDT by JonPreston
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To: Oldeconomybuyer

The current world leaders have created a massive train wreck for their stupid ideology. The masses will rise up in an ugly way one of these days.

That is what scares them most. You leave people with nothing left to lose and you have created a monster.


6 posted on 08/24/2022 6:03:20 AM PDT by dforest
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To: Oldeconomybuyer

A big shift should invove guillotines for Macron.


7 posted on 08/24/2022 6:04:17 AM PDT by Da Coyote
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To: Paladin2
If only France had coal deposits they could use. /sarc tag for those of you in Rio Linda
8 posted on 08/24/2022 6:29:50 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: OttawaFreeper
Indeed, socialism does not work. Call it National Socialism, Soviet Socialism, Sino-Socialism, Communism, Italian Fascism and beyond, and the same is proven again and again.

A Lefty of my acquaintance tried to debate "socialism versus capitalism." I observed that "capitalism" was a preoccupation with those writing about it -- as in Marx' Das Kapital and Piketty's Capitalism in the Twenty-first Century -- tried to pretend it was a "thing."

But the real opposition is not between socialism in any of its forms and clever word play and an erected opposition as the Left sees it is that the real opposition is between authoritarian government and liberty.

Liberty is not an economic system, but it is highly productive. And socialism in all its forms detest that. Liberty annoys the Left. It certainly annoyed the Lefty with whom I debated. He had no effective response, because he needed a straw man against which to contend.

The conflict is between socialism in any and all of its forms and liberty. Plain and simple.

9 posted on 08/24/2022 6:49:50 AM PDT by Worldtraveler once upon a time (Degrow Government)
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To: Oldeconomybuyer
Leaders still live in luxury but millions or regular folks have to tighten their belts and sacrifice.

10 posted on 08/24/2022 7:55:23 AM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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