France is proud of its deficit

It’s not me who says so.  Marisol Touraine, the French minister for Health and Social Affairs, explained that the budget for social security – which combines health and social security benefits – would reduce the deficit to a measly 9.7 billion euros.  The French have lived so long with le trou de la Sécu – the hole in the Social – that they’re really quite used to it.  As reported in Le Monde, Mme Touraine explained:

The deficit in Social Security will pass next year below the 10 billion mark: this is half  of what it was at the end of the previous presidential term of office.    We can be proud of that.


One comment

  1. williamthompsonucc

    Hum, I hope they are more proud of the deficit than they may be about the reduction – Touraine may be interpreted in different ways. Though the reality speaks clear and unambiguous words, e.g.

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