Jean Tirole is worried: “Since the Second World War, the extreme right has never been so close to power”.

The French Nobel laureate in economics has therefore decided to attack Marine Le Pen by sifting through her economic proposals.

And the conclusion is severe: the program is, according to him, "concealing and unfunded" and "will permanently impoverish our country".

"Marine Le Pen's program is a list à la Prévert of additional expenditure, greatly underestimated at 68 billion euros per year, financed with the help of unfortunately partly fictitious revenues", he says in a column published on Saturday in

La Dépêche du Midi

.

On immigration, the calculation "rests on the wind"

According to the 2014 winner of the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, the 16 billion euros in savings that Marine Le Pen says she wants to make thanks to measures on immigration are "a calculation which is based on wind: all the studies show that immigrants cost almost nothing in terms of public money, because the social security contributions of those who work compensate for the costs charged to our social protection system”.

Also wondering how the candidate will achieve "8 billion in savings on the functioning of the State", he estimates, as before him the Montaigne Institute, that "the cost of his spending program seems very underestimated" .

"Lowering the retirement age to 60 will bankrupt our system, with significant consequences for the most disadvantaged," says Jean Tirole, for example, while the RN candidate wants to reinstate this starting age for those who have started working. between 17 and 20 years old.

Marine Le Pen's proposals will "neither prepare for the future, nor reduce inequalities", according to the economist, who takes as an example the exemption from income tax for those under 30 who s would also apply for a high graduate “winning five times the minimum wage”.

"A Frexit that does not say its name"

Noting that despite a public debt that has fallen from 100% to nearly 116% of GDP due to the health crisis, France has not lost the confidence of the markets, he anticipates that "the lack of foresight of Marine Le Pen's program will not reassure the latter, who will see in France a European version of Argentina”.

Finally, if the RN candidate "no longer talks about leaving Europe and the euro, her program amounts to sitting on European rules and will immediately create a deep crisis in the Union, with immediate repercussions on budgetary credibility. of France", warns the Nobel Prize winner.

It would in fact be “a Frexit that does not say its name”.

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