Nicolas Sarkozy has put it better than anyone

At the end of his speech to Agen, pronounced on June 22, Nicolas Sarkozy, addressing the main question says: "just look around us to be convinced: can conduct an economic policy which tends to full employment, which makes hope."

Illico follows the famous exit against the monetary policy of the ECB. The President of the UMP seek an alibi One is tempted to object its intervention "for the France", pronounced accents in Nîmes on May 9: "A will make you believe that it is Europe and globalisation that are responsible for" absence in France of an economic policy worthy of the name and, therefore, of a genuine employment policy That is music in Paris for 30 years the sharing of work is the opposite of what should be done. Nicolas Sarkozy has put it better than anyone. Have forgotten that, unlike what everyone repeat stupid things, "States have the power and duty to exercise and embody it" (Nîmes, still)

God knows everything could be said about the euro! It has created a currency unique and, worse, a uniform monetary policy for a whole politically not unified. And this vast territory that claims the ideology of Brussels, is not a single market on which to build. There is no point, such as in turn Nicolas Sarkozy following the unfortunate principle petition made by Pierre Bérégovoy... in 1992 , assuming the problem by claiming a "true (sic) economic government" for the eurozone. The different national economies involved differ more than ever.

This canvas background, our rulers or future rulers begin to take action. This does not preclude to find an excuse to add: the height of the inconsistency, and it all the more that there is a way out! Note immediately that it is not out of the euro. It is fairly well configured by the type of policy with which a Sarkozy has so far tried successfully to identify. Reason for the contradictory nature of his unexpected load against the euro. On the one hand, the President of the UMP "recognizes" that "the introduction of the euro has blurred the monetary benchmarks and that it is indeed accompanied of a strong increase in the cost of life and a drop in purchasing power." On the other hand, the speaker of Agen accuses ECB of "pursuing a policy of monetary tightening while activity stagnates".

Germany, the conversion rate is 1 euro for 2 deutsche Mark. The public could not lose its bearings. However, the euro quickly received the vengeful "teuro" nickname (play on words with the adjective "teuer" which means costly). Reality: the ECB has accompanied, not thwarted the anarchic issuance of cash across the world. The advent of the euro was marked by a lowering of interest rates. The trend is amplified since then. An "offensive monetary strategy" for the euro would run the major risk of a revival of the real-estate speculation. It is not in the source of that Sarkozy, several times in the same speech, covers in terms of the rest quite enigmatic and fanciful interpretations to "suicidal spiral of income property that explodes and the remuneration of labour which collapses Would you like to play the Greenspan by lowering the rate of the ECB 1 America manages its affairs as if the outside world did not exist. The global monetary system works like a huge support of the dollar (terribly bubble blower) mechanism. The eurozone with the bare hands take for a power The Nicolas Baverez and other advisors strategists dazzled by the American model should first answer this question.

The answer is obviously not to remain passive in a world that eludes us. Damages whatsoever in a speech in which the word "break" does not appear that the problem of "rupture" is implicitly put the most appropriate way: "...". It makes no sense, said Nicolas Sarkozy, the euro area is the variable of adjustment of the economic imbalances in the world. "For indeed cease to be the resultant impotent, Europe today cannot only rely on the response capacity of its components. That a large State such as the France begins to give an "economic government" worthy of the name before claim for this entity at the three quarters empty, the eurozone. Before such a burst, the Germany would be forgotten talent to well play its partition! Then only arise in realistic terms the question of a reduction in offensive if necessary, the ECB rate. A rational economic policy to the Sarkozy put the France at work would be necessary to prepare the ground for such an operation. It would choose for the ECB. Low rates, it does not provides not more!

Two kinds of failures are required to do so. One and the other requires that the French Government apparatus begins himself by breaking with two fatal practices where it is mastered. The art of borrowing, only the US Treasury, and again, is more talented than the French Treasury. Another evil art is to enter the brain makers citizens. The French State ends not deploy "AIDS" that business leaders do him not seek always to their consent are "loads" downgrades which are as much abandonment of responsibility.

Las, the speech of Agen has more air in continuity to innovate by a change in policy effective, not only rhetorical. It is good to repeat cleverly: "This is not the deficit which creates unemployment but the unemployment that widening the deficit." What alibi more effective than one hackneyed to again delay the replacement of all the retirements in the public service The speech against the RTT has become: "I want that every individual be free to remain in the 35-hour or leave." And this other manly statement: "do you want to become an entrepreneur". You can attend a school of projects and you can support creative unemployed of company. "Ben see!