Reality catches up with Sarkozy

In response to the press conference given by the French president on January 8th, the editorialist François-Xavier Pietri considers that it included "the first renunciation of the legislature. On the oh-so-central question of buying power- a topic at the heart of the presidential campaign and now the number one concern of the French, ahead of unemployment -, the president who has given up on 'emptying already empty cash registers', has recognised his impotence. In sum, the 14 billion [euros] reinjected into the French economy, the impact of which on buying capacity is not really measurable, is history and the State will not be reaching into its pocket , which has a hole in it, to fulfil the expectations of the French. For the first time, reality has caught up with Nicolas Sarkozy and his will power has been dampened."

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