Eventually, Nations Must Face Facts

But his real value was revealed in his execution rather than his speech. As soon as he came into office, he pushed to remove the wealth tax, lower the corporate tax and cut welfare budget. In 2018, he went on to increase fuel taxes. The middle-class and working-class people who live in the suburbs of Paris and commute by car opposed the hike. Angry drivers protested in fluorescent yellow vests that were required to be kept in cars in case of accidents, and the protests evolved into a movement to oust Macron. His approval rating fell to the 20 percent level. Eventually, unemployment decreased and the economy rebounded, and he was saved from the crisis. He created an environment where firing was easy, and corporate employment recovered.