France’s Political Chaos Threatens Stability—What America Must Watch

France’s political turmoil is more than just a European headline—it is a warning for America about the dangers of reckless fiscal policy and fragmented governance. Prime Minister François Bayrou finds himself isolated as he pushes a controversial austerity plan aimed at slashing €44 billion in public spending by 2026, just as France grapples with soaring deficits and an unsustainable debt load exceeding 114% of GDP. Bayrou’s gamble to seek parliamentary approval has backfired spectacularly. Opposition forces from far-left to far-right have united against his proposals, threatening to topple his government in the September 8 confidence vote. This alliance of convenience...