September 26, 2022

Brighton Journal

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A Nobel laureate has warned that Marine Le Pen’s economic plan will transform France into a “European version of Argentina”.

According to Jean Troll, the far-right candidate’s economic plan is a “hidden and unfunded” plan that will “permanently impoverish” France.

Avoiding the controversy that led to his loss of the presidency in 2017 against Emmanuel Macron, Far-right candidate Marine Le Pen advanced to the second round. The televised debate between the two candidates for the Elysee Palace on Wednesday 20th will face the two country models defined next Sunday.

Such as to cover up his most complex ideas He was close to authoritarian leaders such as Russian President Vladimir Putin or Hungarian Victor Orban. Le Pen sought to impress voters by focusing on his economic plans. A battery aimed at improving the purchasing power of the French.

The economic vision of the far-right leader has changed. His ideas on how to leave the euro or retire at 60 have been reduced to “protecting” fellow citizens from the effects of inflation. A set of generally attractive proposals, such as tax cuts on energy and fuel, tax breaks, the elimination of taxes on basic products, and the reduction of employers’ contributions to wage-raising employers.

However, according to analysts, Marine Le Pen’s efforts to improve the National Union (RN) candidate’s electoral prospects are attributed to their economic, legal and institutional inconsistencies.

One of the warnings about the consequences of implementing measures such as those proposed by Le Pen was made The French economist Jean Troll is considered one of the most influential contemporary economists in the world.

Troll, which was acquired in 2014 Bank of Sweden Prize for Economics, Because of this it is often referred to as the “Nobel Prize in Economic Sciences” Analytical work on market power and regulationIssued stern warnings.

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In the column published in La Depeche du MidiThe expert came to qualify for the economic plan of the far-right candidate As a “hidden and unfunded” project, it will “permanently impoverish our country”

The total errors of this program, at least, provide for the troll “The list of additional costs is greatly underestimated at 68 68 billion a year, unfortunately funded with the help of somewhat imaginary receipts”.

To be clear on his predictions, the economist born in Aube mentioned it An imbalance exposed by the accounts of Le Pen’s policy will cause markets in France to lose confidence.And expect: “The lack of foresight in Marine Le Pen’s plan does not guarantee that the latter will see the European version of Argentina in France.”

One of the warnings about the consequences of implementing measures such as those taken by Le Pen was made by Jean Troll, a French economist considered one of the most influential contemporary economists in the world.
One of the warnings about the consequences of implementing measures such as those taken by Le Pen was made by Jean Troll, a French economist considered one of the most influential contemporary economists in the world.

According to him, the radical conservative candidate claims to have 16,000 million euros in savings. Immigration activities are based on inaccurate calculations. According to the expert, “all studies show that immigrants spend nothing on public money because the social security contributions of those who work make up for the costs to our social security system.”

Le Pen wondered how he could achieve “8,000 million savings in government operations” and, as before, Montaine, a laboratory for French ideas, “The cost of your spending plan seems too low.”

Le Pen’s party chose the slogan “For all French” For the second round, he plans to start his term A referendum on establishing a specific “national priority” in terms of employment, support and social assistance. Shelter. Solidarity benefits for a five-year job in France and the revocation of a foreigner’s residence permit who has not worked for a year.

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Troll cited ideas such as lowering the retirement age for those who started working between the ages of 17 and 20 to 60. In the view of the economist, this type of pension reform “will break our system, with significant consequences for the most disadvantaged”

“Marine Le Pen’s proposals do not prepare France for the future, nor do they reduce inequalities,” he added in this valuable French media column.

Similarly, it is said that there were many rules raised by Le Pen They are unconstitutional. Experts have stressed that if this reform plan is resolved, an unprecedented institutional crisis will ensue.

Finally, if the extreme right-wing candidate “He is no longer talking about leaving Europe and the euro. His plan is tantamount to sitting on European rules and immediately creating a deep crisis in the union with immediate consequences on the credibility of France’s budget.”Noble warns.

Troll, winner of the Bank of Sweden Prize for Economics, finished These results will be “A Frexit that does not say its name”.

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