Word: bauchard
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Dates: during 1980-1989
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...minor left-wing Roman Catholic weekly, Témoignage Chrétien (Christian Testimony, circ. 70,000), the President is quoted as giving a startlingly frank analysis of his economic missteps. Philippe Bauchard, the respected financial editor of the Paris-based Europe One radio network and a Témoignage Chrétien contributor, wrote the article mainly from his recollections of a breakfast meeting with Mitterrand on June 28, immediately after the two men had talked, somewhat less candidly, on the air. The ground rules for the post-interview session were never made clear, and Bauchard decided to publish...
According to Bauchard's account, Mitterrand explained his misjudgments by saying, "I was carried by victory, we were intoxicated." He went on, "Everybody-O.E.C.D. experts, my own advisers, the economic experts, the journalists-was predicting a return to growth in 1983. Honestly, I was lacking in the necessary elements to determine that we were wrong." Added the President: "I underestimated the role of the lobbies, France's attachment to acquired benefits, corporatism. French people like to hear talk about rigor from those on the right. But as soon as we propose it, we are no longer credible...
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