- 06-05-2012, 19:21 #1
Socialist Wins French Election
Oh goody. Promises all sorts of spending for the French. Stand by for us to pay for it!
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- 06-05-2012, 19:23 #2
What he was saying in his campaign made a lot of sense (you need to grow the economy and not just keep on cutting spending).
Whether he can actually deliver is, obviously, another question entirely.
- 06-05-2012, 19:28 #3
He has been deliberately vague about where the money will come from for all the planned expenditure ....
My 18 year old son told he me was waiting outside the polling station for 30 mins to vote this morning, and was first in the queue. I thought that was very commendable at his age getting up so early to vote. He then admitted he was on his way home from the night before ...I'll sail this ship alone ...
- 06-05-2012, 19:29 #4
This win means most French troops should be gone from Afghanistan by the end of this year. It won't change much in terms of effects in their AOR since TF Lafayette had drastically cut its Ops in RC-E since July 2011, the overarching political directive being "no more casualties".
Hardware will take longer though; current estimate run at least until the end of 2013.
- 06-05-2012, 19:29 #5
Except that he did not say where the money was going to come from.....
Expect a lot of promises, most of which will be either broken or re-spun within 6 months. The simple fact is some bright people in the background will be telling him what the current market and economic situation will allow.
Still leaves plenty of scope to balls things up for France in the short term, but the French market analysis last week was not overly concerned about any medium to long term impact.
- 06-05-2012, 19:29 #6
I'd loved to have been a fly on the wall when Sarkozy rang Frau Merkel to tell her.
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- 06-05-2012, 19:31 #7
- 06-05-2012, 19:32 #8
- 06-05-2012, 19:33 #9
- 06-05-2012, 19:43 #10Night time is really the best time to work. All the ideas are there to be yours because everyone else is asleep. ~Catherine O'Hara
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