Le champ de bataille du budget

MILAN – Les économies mondiales les plus développées, dont les États-Unis constituent de très loin la plus conséquente et la plus importante en termes systémique, sont aujourd’hui confrontées à un ensemble de choix politiques et sociaux difficiles. Le budget américain proposé par le président Barack Obama admet la nécessité de ces choix et compromis, et les appréhende, pour la première fois en cette période d’après-crise, de manière directe et totale.

La proposition d’Obama constitue un document important, franc, et politiquement courageux. Les débats qui s’en suivront détermineront en grande partie la manière dont les États-Unis entendront s’orienter vers un modèle de croissance et d’emploi solide, inclusif et viable, ainsi que la manière dont le prix de cette orientation sera partagé par les Américains de tous âges, de tous niveaux d’éducation, de revenus et de richesse.

Nous savons combien les puissantes forces de la technologie et des marchés mondiaux ont réduit le nombre d’emplois administratifs et ouvriers, déplacé les possibilités d’emploi pour la classe moyenne vers le pan des biens non échangeables de l’économie, et réorienté la croissance du revenu national vers le capital et les emplois supérieurs, les revenus stagnant partout ailleurs. La création d’emplois demeure fébrile, et cet emploi continuer de se désolidariser de la croissance.

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.


Log in

  1. Sean Gallup/Getty Images

    Angela Merkel’s Endgame?

    The collapse of coalition negotiations has left German Chancellor Angela Merkel facing a stark choice between forming a minority government or calling for a new election. But would a minority government necessarily be as bad as Germans have traditionally thought?

  2. Trump Trade speech Bill Pugliano/Getty Images .

    Preparing for the Trump Trade Wars

    In the first 11 months of his presidency, Donald Trump has failed to back up his words – or tweets – with action on a variety of fronts. But the rest of the world's governments, and particularly those in Asia and Europe, would be mistaken to assume that he won't follow through on his promised "America First" trade agenda.

  3. A GrabBike rider uses his mobile phone Bay Ismoyo/Getty Images

    The Platform Economy

    While developed countries in Europe, North America, and Asia are rapidly aging, emerging economies are predominantly youthful. Nigerian, Indonesian, and Vietnamese young people will shape global work trends at an increasingly rapid pace, bringing to bear their experience in dynamic informal markets on a tech-enabled gig economy.

  4. Trump Mario Tama/Getty Images

    Profiles in Discouragement

    One day, the United States will turn the page on Donald Trump. But, as Americans prepare to observe their Thanksgiving holiday, they should reflect that their country's culture and global standing will never recover fully from the wounds that his presidency is inflicting on them.

  5. Mugabe kisses Grace JEKESAI NJIKIZANA/AFP/Getty Images

    How Women Shape Coups

    In Zimbabwe, as in all coups, much behind-the-scenes plotting continues to take place in the aftermath of the military's overthrow of President Robert Mugabe. But who the eventual winners and losers are may depend, among other things, on the gender of the plotters.

  6. Oil barrels Ahmad Al-Rubaye/Getty Images

    The Abnormality of Oil

    At the 2017 Abu Dhabi Petroleum Exhibition and Conference, the consensus among industry executives was that oil prices will still be around $60 per barrel in November 2018. But there is evidence to suggest that the uptick in global growth and developments in Saudi Arabia will push the price as high as $80 in the meantime.

  7. Israeli soldier Menahem Kahana/Getty Images

    The Saudi Prince’s Dangerous War Games

    Saudi Arabia’s Crown Prince Mohammed bin Salman is working hard to consolidate power and establish his country as the Middle East’s only hegemon. But his efforts – which include an attempt to trigger a war between Israel and Hezbollah in Lebanon – increasingly look like the work of an immature gambler.