{"id":107661,"date":"2025-10-08T01:29:07","date_gmt":"2025-10-08T01:29:07","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/107661\/"},"modified":"2025-10-08T01:29:07","modified_gmt":"2025-10-08T01:29:07","slug":"mcguirk-admit-it-centrists-macron-has-failed","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/107661\/","title":{"rendered":"MCGUIRK: Admit it, centrists \u2013 Macron has failed"},"content":{"rendered":"<p><strong>The public debt of the French state \u2013 the amount that it owes the lenders who have been keeping the lights on now for decades \u2013 approaches three and a half trillion euros. <\/strong>Last year alone, the French added about \u20ac170billion more in debt. To put that in context, the total public spending of Ireland is about \u20ac125billion. So, France\u2019s budget deficit is about one and a half times total Irish public expenditure.<\/p>\n<p>Yesterday, President Macron lost his seventh Prime Minister in eight years. The French legislature is hopelessly divided, but the President cannot dare call for new parliamentary elections because, not to put too fine a point on it, the wrong people from his point of view would almost certainly win. Either the left would win and trash his cherished pension reforms \u2013 making France\u2019s financial hole even bigger. Or worse, the right might win and trash his cherished pension reforms, making France\u2019s financial hole even bigger.<\/p>\n<p style=\"text-align: center\">This article is premium content<\/p>\n<p style=\"text-align: center\"><strong>Get unlimited access to Gript<\/strong><\/p>\n<p style=\"text-align: center\">Support Gript and get exclusive content, full archives and an ad-free experience<\/p>\n<p><a class=\"v-btn v-btn--block v-btn--has-bg theme--light v-size--large accent mb-6\" href=\"https:\/\/gript.ie\/membership\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe<\/a><\/p>\n<p style=\"text-align: center\">Already a member? <a href=\"https:\/\/gript.ie\/?memberful_endpoint=auth\" rel=\"nofollow noopener\" target=\"_blank\">Sign in here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The public debt of the French state \u2013 the amount that it owes the lenders who have been&hellip;\n","protected":false},"author":2,"featured_media":107662,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[9,10,10471,67298,2986,179,6586,13,14,2220,27270,6,56,11,12,67299,15,16,5,2090,7,8,65,66,67],"class_list":{"0":"post-107661","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world","8":"tag-breaking-news","9":"tag-breakingnews","10":"tag-budget","11":"tag-centrism","12":"tag-demographics","13":"tag-economy","14":"tag-emmanuel-macron","15":"tag-featured-news","16":"tag-featurednews","17":"tag-france","18":"tag-government-spending","19":"tag-headlines","20":"tag-immigration","21":"tag-latest-news","22":"tag-latestnews","23":"tag-lepen","24":"tag-main-news","25":"tag-mainnews","26":"tag-news","27":"tag-pensions","28":"tag-top-stories","29":"tag-topstories","30":"tag-world","31":"tag-world-news","32":"tag-worldnews"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/107661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=107661"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/107661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/107662"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=107661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=107661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=107661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}