There is really no room to increase household income in France

It would certainly be nice if it was possible to increase household income in France, but it is important to realise that there is really no room to do so: If wages are increased, cost competitiveness (and market shares) will deteriorate even more, profitability will decline (at a time when profits are not covering investments and real wages have increased faster than productivity) and the low-skilled unemployment rate will rise; Government transfer payments cannot be increased, given the public debt level and the fact that France's fiscal solvency is not ensured in 2019; and also because it is impossible to increase the tax burden further as it is already far higher than in other countries; If demand is stimulated before the supply problems have been corrected, the external deficit will deteriorate, which is dangerous at a time when international capital is flowing out of France.