You never know what will change historyMay 7, 2012 @ 8:46 am (Updated: 8:49 am - 5/7/12 )
France has a new President, a socialist elected to undo the austerity policies that have left so many people unemployed. (AP Photo/Michel Spingler)
France has a new President.
Francois Hollande -- and he's an unabashed socialist. A socialist elected to undo the austerity policies that have left so many people unemployed. It appears to signal a huge change in direction for France, and maybe even the rest of Europe which was hoping budget cuts would pull it out of the recession.
And you wonder -- how a tiny change in an event a year ago might have tipped history. Because you know who was SUPPOSED to be the Socialist candidate for President? A guy by the name of Dominique Strauss Kahn -- who was France's top socialist until he let his personal stimulus program get the best of him -- and was so distracted he left his cell phone behind in a New York hotel room where he had mistreated a housekeeper.
Imagine if he'd won his party's nomination, and this had come up DURING the campaign -- could the conservative Sarkozy perhaps have survived?
But it happened when it happened, and now, instead of government austerity, and tax breaks for the wealthy -- France is on track to impose a 75 percent tax on earnings above a million Euros a year, hire more teachers, and lower the retirement age, and try a stimulus program. We'll see if it works. Just hang on to your cell phone, Mr. President.
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