Thank you French people!!! Socialism is good!!

[malaise]

“Austerity no longer needs to be our fate,”

[dkf]

1. He has also promised a balanced budget in the next 5 years. P

In a nod to fiscal prudence, Hollande has promised to balance France's books by the end of 2017, a feat that has not happened in 30 years. To that end, he is insistent that the budget deficit target of 3% of gross domestic product for next year must be reached.

http://www.latimes.com/news/nationworld/world/la-fg-france-president-election-20120507,0,1868345.story

[malaise]

2. Not sure he can achieve that but he did ask to be judged

on justice/fairness and education.

By the way word is the markets are not happy - like I give a flying fuck.

[dkf]

3. I bet Obama cares.

[MrMickeysMom]

7. Yeah, and didn't you say that under your breath upon seeing the election result?

I know I did...

The London Financial Terrorists see him as dangerous as "Lenin"...

[DutchLiberal]

4. How 'socialist' are they when they had wanted to nominate IMF's Strauss-Kahn?

The IMF is the arch-enemy of any *real* socialist and I can't say Strauss-Kahn was really behaving like one.

I think Hollande is a center-left social-democrat, but I have a hard time calling him a socialist. That's like saying Greece's Papandreou was a socialist. Yeah, in name only. Just like when the US media say the Democratic party is left-wing, it's total bullshit.

[malaise]

5. Valid point

Hollande is very much a part of the political class but he's way left of Sarkozy or Cameron...right now I'd take Keynes over Friedman

[Warren Stupidity]

6. Well that is a good point. The PS in France is a slightly left of center party.

There was an actual left coalition in the election, and they didn't do too badly, but their gains were unfortunately overshadowed by the fascist Le Pen.

[hack89]

8. The strong French free market economy is even better

they can generate the necessary wealth to take care of their people.

[jd455]

9. lol

watch what happens to france in 5 years taxing the rich at 70% are you mental? they are leaving the country there is no revenue to pay for social programs. You guys are not to smart maybe get off the couch stop abusing the system you will learn something

[malaise]

10. Hahahahahahahahaha

You guys aren't smart enough to select a decent candidate or win an election.



Bwaaaaaaaaaah hahahahahahaha