France: Without the support provided by stimulatory economic policies, the economy would be in trouble in 2019

Without the support provided by stimulatory economic policies, France would in 2019 have: Far lower household purchasing power growth, without the tax cuts and the increase in government transfer payments; and therefore without the increase in the fiscal deficit; A markedly lower corporate earning level (if there was no fall in interest payments on corporate debt thanks to the very low interest rates), and therefore markedly lower investment; A serious problem with its fiscal solvency (if the interest on the public debt had not been reduced by the fall in interest rates). This shows how dependent French growth is on stimulatory economic policies.