Article • Dean Baker’s Beat the Press
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Okay, that’s not exactly what it said. Instead, the headline of an article on the protests in France told readers “Unrest in France hinders Macron’s push to revive economy.”
The policies in question include ending a wealth tax on the rich, cutting retirees’ Social Security benefits, and a series of measures designed to reduce the power of unions. While it is possible that Macron has taken these steps because he really does believe that this is the best way to boost economic growth, it is also possible that he has taken these steps because he wants to give more money to rich people.
In this respect, it is worth noting that Macron is a former investment banker. Therefore he is likely to be very rich and to have rich friends.