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Transcripts for CNN Fareed Zakaria GPS 20211003 14:55:00

slashed taxes on the wealthy for entrepreneurship. but moves like that with his haughty air tagged him for the rich. he failed to build support for his policies and sparked a ferocious backlash, the yellow vest movement. macron was forced to scrap a gas hike and buy protesters off with subsidies. when covid hit, he hit things like pench reform and the man who vowed to rein in the bloated welfare state embraced big spending to keep the economy afloat. he covered people s lost wages and handedouts on everyone from college students to farmers. the economists observed macron has turned into something of a closet socialist. macron can still flex his technocratic muscles from time to time and is effective. he made headlines in july by instituting vaccine passes for many leisure activities in france. and who should quickly follow

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Transcripts for CNN Fareed Zakaria GPS 20211003 14:54:00

recovery funds. drag yi, a political independent, presented his own plan and won overwhelming approval in parliament. woven into the plan were a number of long overdo reforms to fix italy s economy. but drag gi still has to wrangle a fractured lecture to carry them out. his first target to overhaul the country s judicial system, which is notoriously slow and puts a damper on activities. and drag gi s already set his sights on tax evasion and foreign competition. compare this to emanuel macron, a breath of fresh air not tied to any establish party or tradition but clearly a liberal in the political sense, he tried to stifle the economy, made it easier to fire workers so companies are less likely to hire them in the first place,

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