Hollande's Popularity Sinks to 28%, a New Record Low

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Published : June 07th, 2013
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Category : Opinions and Analysis

With rising unemployment, rising taxes, a slumping economy, and with Hollande's threats of pension reform (when the socialists in France still believe mightily in the free lunch), it should not be surprising to discover Hollande’s popularity reaches new low.

From Eurointelligence ...

Francois Hollande’s popularity reached a new low point in the CSA polls in June, with only 28% trusting him to confront efficiently today’s problems against 68% who have no trust in him at all, Les Echos reports. His prime minister Jean-Marc Ayrault follows the same trend: 25% positive against 67% negative votes of confidence. While analysts blamed the continued rise in unemployment, the government’s family benefit cuts and the upcoming pension reform for this. The circle around Hollande defends him saying it is the crisis to blame. Hollande lost support of his classical electorate, workers, employees, pensioners and civil servants. 
The worst for Hollande and France is yet to come.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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Awhile back the French had a revolution and sent the real thinkers to the guillotine. Pol Pot used a similar tactic. In the US, we have kids direct out of college carrying a $35K student loan debt for a liberal arts degree teaching our kids what they need to know to be competitive in today's market.

I find myself utterly amazed that the French rated Hollande so low? It has gotta be the immigrant factor. You will need some hard evidence to get me to accept it is a mutation that predisposes the French of today to engage in intellectual pursuits that exposed Hollande as the idiots he and his communitarian compatriots really are.

But they mean well. I'm talking about the immigrants of course.
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Awhile back the French had a revolution and sent the real thinkers to the guillotine. Pol Pot used a similar tactic. In the US, we have kids direct out of college carrying a $35K student loan debt for a liberal arts degree teaching our kids what they nee  Read more
overtheedge - 6/8/2013 at 12:55 AM GMT
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