COLUMN. Increased public spending and higher tax rates have only created the illusion of a productive system and effective public services. These measures have not enabled us to prepare for the future, writes Le Monde columnist Stéphane Lauer.

François Bayrou’s 2026 budget, which includes removing two public holidays, has been slammed by his rivals, who now have a golden opportunity to topple him.

COLUMN. Increased public spending and higher tax rates have only created the illusion of a productive system and effective public services. These measures have not enabled us to…