Armstrong Economics Blog/France
Re-Posted Jul 7, 2017 by Martin Armstrong
“Until now, we were on the wrong track – we preferred rules to initiative,” Macron, who has a massive mandate in both presidential and parliamentary elections, told deputies during a 90-minute speech. “We cannot have before us five years of half-measures. It’s a profound transformation that the French demand. Let’s embrace it.”
“I am convinced that this measure will have positive consequences for the quality of parliamentary work. This reform is essential.