January 17, 2014

The Real Scandal in France

Paul Krugman, New York Times

The Associated Press

I haven’t paid much attention to François Hollande, the president of France, since it became clear that he wasn’t going to break with Europe’s destructive, austerity-minded policy orthodoxy. But now he has done something truly scandalous. I am not, of course, talking about his alleged affair with an actress, which, even if true, is neither surprising (hey, it’s France) nor disturbing. No, what’s shocking is his embrace of discredited right-wing economic doctrines.

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TAGGED: Europe, France, Eurozone, Austerity, Francois Hollande

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