It reduced the public deficit. [fact]
This success also had a political foundation: the Daladier government (1938–1940) adopted a liberal economic agenda in contrast with the policy of the Front Populaire. It reduced the public deficit, increased working time, and foiled the general strike organized by the trade unions in 1938.
Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, loc. 283