Perhaps, inequality is contributing to weak growth and low rates because the rich tend to save money rather than spend it. Maybe productivity has been weak not by coincidence, but because weak growth has meant companies have not been forced to innovate to meet demand.
"Macron has a problem on his hands. Everyone's fed up. He's got to listen more," said Amaya Fuster, eyeing graffiti daubed on a Printemps department store window that read: "There's enough money in the coffers of businessmen. Share the riches!"
The Congress chief recalled that when Modi was contesting the 2014 general election, he had talked about employment, corruption and farmers. But, he claimed, the prime minister was not talking about such issues in 2018.