The economic crisis: the French social policy and our plan about employment
To try to handle the 2009 crisis, which began with the famous American Lehman bankruptcy on 15th September 2008, the French government had to react. On 4th December 2009 in Douai, Mr. Sarkozy presented the French plan to boost economy. All in all, there were 65 billion euros which were invested in the economy with three objectives: stimulating economy and employment, favouring public investments and strengthening solidarity.
The objective was to create activity and jobs here in France. It was also to invest and reinforce French competitivity. The government said that in times of crisis, national solidarity had to increase. Budget is part of it.
50 billion euros were invested in new ways. Notably, 10 billion euros to support tax cuts These ones were created to increase the purchasing power in different sectors such as the car industry with a “prime à la casse" when the car is old. 6 billion euros were dedicated to investments, 10 billion to reorganise social allowances with, for example, the creation of a 'Revenu de Solidarité Active' (RSA). Then 26 billion euros were invested to boost the economy directed by Mr. Devedjian.
These are new expenses for the government but in times of crisis this government’s policies are useful for the country.
Cassandre, Paul, Elise, Romain, Pierre
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