Big Win for French Socialists
Via the BBC: Hollande party wins majority in French parliament
Polling data suggested the party and its allies would take more than 320 out of 577 seats in the National Assembly.
If confirmed, it would be the Socialists’ best result in modern French history.
[…]
The expected results mean the Socialists will not have to rely on the support of the Greens or far left to push through their plans to hire more public workers and refocus EU fiscal efforts away from their emphasis on austerity.
The situation in Europe becomes more complex by the day.
Yes, but at least we can now have a real-time comparison, albeit an imperfect one, of the two models for recovery duking it out in the public square.
Austerity vs. government stimulus–not the fight of the century, but maybe we can put away the “well, if they’d done our plan instead, things would have been even better” theme. Not that I think we will…but the opportunity to challenge our own faith and grow thereby will be available at least.