No. of Recommendations: 1
Not sure I agree but I certainly will think about that opinion.
I asked the net sifter if Macron was a supply sider:
Yes, French President Emmanuel Macron is widely considered a supply-sider. His economic policy has been fundamentally built on supply-side economics, focusing on structural reforms to make France more competitive, incentivize investment, and encourage job creation.
Corporate and Capital Tax Cuts: Lowering the corporate tax rate and capping taxes on investment income (implementing a flat tax of 30%) to encourage capital deployment.
Wealth Tax Reform: Abolishing France's traditional wealth tax (ISF) and replacing it with a real estate tax (IFI) to prevent capital flight and stimulate investment.
Labor Market Overhaul: Introducing structural labor reforms (often referred to as "flexicurity") designed to give companies more flexibility in hiring and firing, thereby reducing structural unemployment
Pro-Business Reforms: Pursuing deregulation and actively promoting a "startup nation" to attract foreign direct investment and foster innovation.
Bottom line: take from the Proles in job security and retirement. Give tax cuts, and deregulation to the "JCs".
And, in the UK: more taking from the Proles chronic underfunding of the national health system under the Tories, from a per-capita starting point that was half what is spent in the US.
from the net sifter:
Yes, healthcare experts, economists, and public accounts committees widely argue that the Conservative governments (2010–2024) systematically underfunded the National Health Service (NHS).
While the nominal budget technically increased, the rate of spending growth slowed significantly compared to historical averages during the 2010s austerity period. This resulted in an accumulated shortfall in capital investment (for buildings and scanners) and workforce staffing. By 2024, specialized public health budgets were slashed by 26% in real terms
This prolonged period of constrained funding is frequently cited as the root cause of record-high waiting lists, severe bed and staff shortages, and a growing crisis in social care. You can read a detailed breakdown of the NHS budget and spending history on The King's Fund and review the legacy of these policies on PubMed.
Steve
