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Macron’s Globalist Economic Betrayal: Poverty Levels Rise to Unprecedented Levels in France

Under Emmanuel Macron’s leadership, France is grappling with a poverty crisis not seen in three decades. Instead of fostering self-reliance and growth as promised during his presidential campaign, his policies have fueled dependency on temporary government handouts, leaving millions in dire straits as those crutches are withdrawn.

According to the latest data from INSEE, France’s national statistics agency, poverty shattered records in 2023. A staggering 9.8 million people—roughly 15% of the population—fell below the monetary poverty line, defined as monthly income under 60% of the median (about €1,288 for a single individual). That’s an alarming increase of 650,000 people in just one year.

“This marks an unprecedented surge in nearly 30 years,” observed Michel Duée, director of INSEE’s household resources and living conditions division. To find comparable levels, one must look back to the economic turmoil of the early 1970s.

The root cause? The abrupt end to short-term “exceptional aids” like inflation bonuses and back-to-school payouts introduced in 2022 to prop up purchasing power. As these fiscal band-aids expired, reality hit hard.

Hardworking self-employed individuals and micro-entrepreneurs have borne the brunt, their livelihoods eroded by bureaucratic hurdles and economic stagnation. Meanwhile, indicators of hardship are exploding, utility shutoffs for unpaid power and gas bills have skyrocketed and rental evictions are surging at an unprecedented rate.

Most heartbreakingly, single-parent families, predominantly led by dedicated mothers raising children alone, are suffering the worst. Their poverty rate jumped nearly three percentage points from 2022 to 2023, dragging more children under 18 into destitution.

While some benefits have been modestly increased, Macron’s administration has failed to advance meaningful, long-term solutions that promote family stability, personal responsibility, and economic mobility. His administration has instead opted for piecemeal fixes that do little to address underlying issues like family breakdown.

Anti-poverty advocates recently convened with Prime Minister François Bayrou, but their concerns fell on deaf ears. His vague pledge to “reduce poverty within 10 years” is little more than empty rhetoric, binding the government to nothing concrete and ignoring the urgent need for bold reforms.

Macron has only provided the French people with broken promises and empty wallets. France deserves better, a return to the principles of liberty, hard work, and fiscal prudence that once made it a beacon of opportunity.

The post Macron’s Globalist Economic Betrayal: Poverty Levels Rise to Unprecedented Levels in France appeared first on The Gateway Pundit.

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