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It would seem
It'll be fun to see a major Eurozone country rejecting austerity
if he manages to implement his promised tax rises, upping of the minimum wage, the creation of 60,000 new teaching jobs & lowering of retirement age ... what would you call that?
I approve of the minimum wage and teaching jobs - good measures to take. The other two policies are bunk, designed to appeal to the populist wing of the party. And I honestly think he will be unable to implement them as they are.
since when did raising taxes become bunk in State-level politics?
not that I necessarily disagree with the economic consequences of a quick volte-face
France's problem isn't income redistribution at that level, it's income redistribution at a lower level. Look up how many people earn more than 1m straight up in France? It's way way less than 1%.
They have some of the highest taxes in europe (not opposed to that) but they still overspend massively year on year - even under Sarkozy. Clearly that's not a sustainable strategy - they have to make certain cuts and they have to make their state more efficient - through internal reforms, not through introducing the private sector. The reason Hollande is the man for the job is that he's not some neo-liberal racist populist. He'll make the tough calls, and he'll do it quietly and carefully and he will protect the french model.
but he's definitely pro-growth
wonder what Merkel is thinking
wonder what Cameron is thinking
I don't think that austerity politics means being anti-growth. Just that the brand we've seen so far has been that way.
(still have a sneaking suspicion I would have preferred Bayrou to win instead of either of them, oh well, Hollande is a good second best)
I like him a lot actually. France has some seriously tough choices to make, and I think Hollande is the person to make those choices and preserve as much of the French social model and way of life possible.
But he is the most unradical politician in the election. By a long way. Which is of course why he won.
you're back !!!
you're grouchland !!
did you not know?
can't keep up with you lot with your usernames and dreamcasts and m-cat
but French is one of the languages
I should probably just do that
I might actually miss him a bit. French politics is definitely a lot less funny now. But also a lot less racist. On balance, yeah, it's excellent he's gone.
only happy to see Hollande voted in.
but on that subject;
ever since midway through all the English news reporters received some kind of memo that they need to pronounce his name in a faux-French accent.
Could lead to all sorts of problems for the Eurozone, potentially.
from an 80% vote share down to 30-35%
I think it'll lead to more problems for greece than for the eurozone - in the immediate/short term at least
But if the austerity measures adopted to secure the bailout come up for debate as part of that, then that's surely going to have wider implications.
interesting night in European politics
interesting week really
this Independent article makes for depressing reading:
wonder if there is any connection http://en.wikipedia.org/wiki/Hermetic_Order_of_the_Golden_Dawn
Golden Dawn described itself as a "People's Nationalist Movement" and "uncompromising Nationalists." Michaloliakos described Golden Dawn as opposing the "so-called Enlightenment" and the Industrial Revolution. According to the Party's charter, "only Aryans in blood and Greeks in descent can be candidate members of Golden Dawn". The charter also puts the leader in total control of the party, and formalizes the use of the Hitlergruss for party members. At first, the party embraced neo-Pagan beliefs, in accordance to Nazi occultism, describing Marxism and liberalism as "the ideological carriers of Judeo-Christianity."[Third-party source needed] Later, however, the party underwent ideological changes, embracing Eastern Orthodox Christianity.
when they seize power I look forward to the Greek expedition to New Swabia. I've always wanted to know if Hitler and his fleet of UFOs are really hiding in the Hollow Earth.
that Cyprus decided on independence rather than union with Greece all those years ago.
it'll be interesting to see what he actually does in that respect.
lazy bastards is what i say!
I really don't see Hollande rejecting austerity in it's entirety, but perhaps he might join the growing numbers of people who suggest that more austerity, on top of the measures already suggested, isn't necessarily going to cause the growth that's needed at this point.
They're already having a strop about it.
"Hollande and Sarkozy were two virtually indistinguishable candidates.
Hollande ran on a right-wing program of slashing budgets to respect the pro-austerity European Union fiscal pact, while calling for an unspecified “growth component” of handouts to banks and strategic enterprises. He stated that he had no criticisms of Sarkozy’s foreign policy—which included wars in Afghanistan, Libya, Ivory Coast, and now Syria. He praised the “German model” of structural reforms to slash labor costs and improve French firms’ competitiveness on international markets at the expense of the workers."
Good work, lefties! You managed to kill off the Euro in a way that the likes of UKIP could only dream about.
I know the last few days have been rough.
Honestly, the state of schooling in this country is dreadful.
but you could at least look a couple of posts up the page.