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France’s Manufactured Debt And Government Drama

French Prime Minister Francois Bayrou is ousted after a confidence vote on his €44 billion austerity budget at the National Assembly in Paris, September 8, 2025. (Photo by Bertrand GUAY / AFP via Getty Images)

By Jean-Pierre Landau, Project Syndicate

French Prime Minister François Bayrou’s government collapsed following a parliamentary confidence vote, and it has only itself to blame. In fact, there is good reason to think that citizens are overwhelmingly rejecting the government's budget precisely because they have effectively been told that they cannot.

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