January 20, 2014

French Socialists Finally Get It, Will Team Obama?

Paul Gregory, Forbes

The Associated Press

Despite steady increases in public spending, France has averaged a zero percent growth rate since 2007 and currently is either not growing or, worse, slipping into a double dip recession. Hollande may have wanted to try his own stimulus, but France cannot borrow for an Obama-sized spending program with public spending already accounting for more than half its two trillion economy. That is unless France wants to be the next Greece.

Read Full Article ››

TAGGED: Francois Hollande, France

RECOMMENDED ARTICLES

January 16, 2014
In France, the End of the (Other) Affair
Chicago Tribune
No, not that affair. We don't know if French President Francois Hollande has been carrying on with the actress Julie Gayet, which is all the talk over there. We mean Hollande's affair with the notion that he could revive the... more ››
January 17, 2014
The Real Scandal in France
Paul Krugman, New York Times
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... more ››
January 16, 2014
How Long for France's Accidental President?
Konrad Yakabuski, G&M
In choosing not to marry his companion when he entered the Élysée Palace, Mr. Hollande was supposed to be making an honest break from the French tradition of presidents who had sexless wives for official functions but sexy... more ››
January 8, 2014
Death to the Fifth Republic
Robert Zaretsky, Foreign Policy
France's Fifth Republic, born 55 years ago, was fashioned in the image of Charles de Gaulle. As Algeria disintegrated into civil war and Paris feared a military putsch at home, the last president of the impotent Fourth Republic,... more ››
January 15, 2014
Can Life Get Any Worse for Hollande?
Alex Berezow, RealClearWorld
On the day Francois Hollande was inaugurated as President of France, his airplane was struck by lightning. At the time, I half-jokingly quipped that "Mother Nature [was] sending an omen about the future of the Eurozone." It turns... more ››