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ArtikelFrance in Denial  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8778 (Mar. 2012), page 15.
Topik: Economic Policy; Protectionism; Presidential Elections
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.71
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelFrance is entering the final three weeks of its presidential campaign. The ranking of the first round, on April 22nd, remains highly uncertain, but the polls back Francois Hollande, the Socialist challenger, to win a second-round victory. Indeed, in elections since the euro crisis broke, almost all governments in the euro zone have been tossed out by voters. But Nicolas Sarkozy, the Gaullist president, has been clawing back ground. The recent terrorist atrocity in Toulouse has put new emphasis on security and Islamism, issues that tend to favour the right--or, in the shape of Marine Le Pen, the far right. Yet what is most striking about the French election is how little anybody is saying about the country's dire economic straits. The candidates dish out at least as many promises to spend more as to spend less. Nobody has a serious agenda for reducing France's eye-watering taxes. Mr Sarkozy, who in 2007 promised reform with talk of a rupture, now offers voters protectionism, attacks on French tax exiles, threats to quit Europe's passport-free Schengen zone and (at least before Toulouse) talk of the evils of immigration and halal meat. Mr Hollande promises to expand the state, creating 60,000 teaching posts, partially roll back Mr Sarkozy's rise in the pension age from 60 to 62, and squeeze the rich (whom he once cheerfully said he did not like), with a 75% top income-tax rate.
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