Pave: Président de la « feuille de paye » Redux

Le jour 409 de Sarko

Le but de la politique que je propose n'est pas de maintenir stable le pouvoir d'achat, il est de l'augmenter. Le but, ce n'est pas la stagnation, c'est le progrès. Le but, ce n'est pas le minimum, mais le maximum.

[The goal of the policies that I am proposing is not to keep purchasing power stable, it is to increase it. The goal is not stagnation, it is progress. The goal is not the minimum, but the maximum.]

Sarko,
then aspiring candidat du pouvoir d’achat,
now Président de la République and pocket reformer
Ensemble (Paris: XO Editions, 2007)

FRENCH INFLATION RISES TO 11-YEAR HIGH
June 11, 2008 (Irish Times/Reuters)

Hhmmm, on second thought, let's make the goal the minimum.

FRENCH CONFIDENCE AT LOWEST LEVEL SINCE 1987
PARIS June 26, 2008 (AFP)

FRENCH JUNE CONSUMER CONFIDENCE
DROPS TO RECORD LOW

PARIS June 26, 2008 (Bloomberg) - Consumer confidence in France fell to a record low in June as the fastest inflation in 12 years eroded households' purchasing power.

A gauge of consumer sentiment dropped to minus 46, the lowest since the index was introduced in 1987, from minus 42 in May, the Paris-based national statistics office, Insee, said today. Economists polled by Bloomberg had expected the index to remain unchanged, according to the median of 21 forecasts.

Growth in the French economy is deteriorating as inflation and surging oil prices squeeze household budgets and push up production costs. Weakening growth adds to the dilemma facing the European Central Bank as it prepares to raise interest rates next week to fight inflation, a move that may exacerbate the slowdown.

PFFT (What is this?): President Paycheck nowhere in sight 3½ | Rayonnement français 0