France's President of the Rich
When French President Emmanuel Macron was elected the center-left international community was ecstatic. The Democratic Party think-tank Brookings Institute said: The “Macron miracle” could transform France into a global powerhouse.
That was just one of many examples of unconditional love by the Third Way community.
Today the wealthy former banker had a slightly different message.
French President Emmanuel Macron, facing a slide in his popularity, defended his record and said he hadn’t forgotten the nation’s poor.
That's an amazing thing for a politician to have to deny. But what makes it truly amazing is where some criticism is coming from.
France’s third richest man, and the world’s 25th, has issued stern words of warning to President Emmanuel Macron: He doesn’t understand the poor.
It is de rigueur in Left-wing opposition circles to accuse Mr Macron, 40, of being “the president of the rich”. Far rarer is a put-down from one of France’s most eminent captains of industry, and a self-made billionaire to boot.
Yet in an interview with M, Le Monde weekly magazine, François Pinault, 81, said: “(Mr Macron) doesn’t understand the little people.” “I’m afraid that he is leading France towards a system that forgets its least well-off.”
How out of touch can a person be that a multi-billionaire understands the poor better than the president does? This is a very big problem.
BTW, Macron's speech today, where he declared that he hadn't forgotten the poor? The speech was made in the Versailles Palace.
As if that wasn't tone-deaf enough, consider this from a couple weeks ago.
The French president Emmanuel Macron and his wife have been accused of wasting taxpayers' money after reportedly shelling out a fortune on new plates for the Élysée Palace.
France's First Lady Brigitte Macron chose the 1,200-piece set that the states say cost €50,000 (£44,000).
However French satirical magazine Le Canard enchaine has claimed the set was likely to cost closer to €500,000 (£440,000).
Further controversy arose as the price of the plates was announced shortly after a video emerged showing Mr Macron discussing the "crazy amount of cash" France has put into welfare, and the apparent lack of effect it has had in helping people out of poverty.
Let them eat cake on fine china.
Macron has slashed housing benefit, and hiked taxes on pensioners. A central pillar of his agenda is privatisation, including of France’s airports and part of the national energy utility.
Thomas Piketty says Mr. Macron was guilty of a “heavy moral, economic, and historical sin.”
Macron's policies of attacking the poor and giving to the rich are not popular.
According to the poll results, Macron’s policy is considered "unjust" by supporters of French left-wing parties (98 percent of France Insoumise supporters and 78 percent of Socialist Party supporters), as well as by supporters of right-wing parties (75 percent of The Republicans supporters and 85 percent of National Rally supporters).
Moreover, 65 percent of respondents consider measures taken by Macron "ineffective," the poll showed.
The approval rating of French President Emmanuel Macron has reportedly dropped by 3 percentage points in May to 40 percent, amid numerous manifestations against the government's reforms.
As of now, there is only one true voice of opposition in France, Jean-Luc Mélenchon.