Gabe Lipton is the Associate Editor of Signal responsible for editorial execution of GZERO Media's written newsletter content. He holds degrees in Government and Economics from Wesleyan University, where he was a member of the international economic honors society, and is studying German in his spare time. At the age of 11, the Green Goblin (Willem Dafoe) confirmed (in person) his take on an important political question of the day, forever sealing his fate as a close observer of global politics. His Spidey powers leave much to be desired.
French President Emmanuel Macron faces the biggest test of presidency as a protest movement, sparked by discontent with a plan to raise gasoline taxes, has grown and become violent. Gabe is here to walk you through the latest:
The gilets jaunes ("yellow vests") protests began just over two weeks ago in response to a government proposal to further increase a "green tax" on gas and diesel fuels. Gas currently costsmore than $7 per gallon in France, and the tax would add 30 percent to that.
Since then the protests have come to embody widespread disillusionment with an aloof president. The protests have, accordingly, gained in intensity. Over the weekend, three people were killed and 260 wounded. Shops were destroyed, and monuments vandalized.
Even after this weekend's violence: 71 percent of French people surveyed support the movement, according to RTL, and nearly 90 percent say the government has mishandled the entire episode. Both the far-right National Front and far-left Unsubmissive Front support thegilets jaunes and have called on parliament to scuttle the tax hike before it takes effect in January.
These protests could well determine the trajectory of the rest of Macron's presidency. He has to placate the protestors but without capitulating in a way that politically dooms his broader plans to reform France's lethargic economy.
Mr. Macron was elected in part because he was a political outsider – now that he is in the cockpit, does he have the political acumen to manage a crisis like this?