France might be the most socialist state in human history

2026 France might be the most socialist state in human history
byu/Skychu768 inEconomyCharts

The French are unwilling to sacrifice retiree cruises because they know that Germany will eventually pay for them.
byu/SignificantLegs inEconomyCharts

French pension spending reaches €436 billion a year, while wealthy families flee deteriorating public schools
Reuters reports that pension spending amounts to about 14% of GDP as teacher shortages, deteriorating school buildings and staffing gaps push more affluent families toward private education.
https://www.reuters.com/world/europe/wealthy-french-quit-failing-state-schools-squeezed-by-pensions-austerity-2026-10-09/

French students continue protests despite government promises
Students blockaded schools again, demanding concrete measures and as much as €10 billion in additional school investment. The government faces pressure to improve public services while markets demand tighter control of public finances.
https://www.theguardian.com/world/2026/oct/08/france-student-protests-schools-vow-to-continue

Marine Le Pen promises €140 billion in spending cuts
Le Pen proposed sweeping savings ahead of France’s 2027 presidential election, presenting fiscal restraint as a response to mounting debt and investor concerns.
https://www.lemonde.fr/en/france/article/2026/10/06/le-pen-vows-drastic-budget-cuts-to-prevent-french-default-on-debt_6758304_7.html

France proposes €54 billion in savings while bond investors demand higher returns
The 2027 budget proposal seeks substantial spending restraint as rising borrowing costs increase pressure on public finances. The government must negotiate the measures through a fragmented parliament while protests grow.
https://www.reuters.com/business/france-demands-belt-tightening-2027-budget-investors-sour-its-debt-2026-10-01/