Time will definitely tell. It's also a very different thing being in office as opposed to running for office, there will be other pressures on him. That may factor in somewhat too.
I think it will be ugly. Promises are one thing but reality is something else.
Teresa in Hemar Neuvireuil, France writes: I have a real hope that fiscal fairness, social justice and equal opportunities will now start to prevail. It is time for a change.
I expect the markets will fall tomorrow: from fear, not from any programme of Hollande. The 75% top marginal rate will affect very few and there will be a push back against the ruinous, ideological fiscal policies that Germany has forced on he Eurozone. And against some of the Right Wing doctrinaire acts of Sarkozy.
It is going to be very interesting. It is what Sarkozy and his partner in Germany stood for, with similar polices in the US that brought the sick economies to the pretty pass they are now in. Will it be too late for a dose of pragmatism under a moderate Socialist to fix it?
I would love to see it. It will either work or fail. But I think capitalism is in its death throws and we will experience all kinds of hell on earth until people settle down and see what a great opportunity it will be to redesign our economic systems to something sustainable and equitable. Capitalist like to spout the BS about creating jobs, but all they really create is slave labour, inequality and an unsustainable future. I can't wait to see these guys reduced to sweeping floors.Cliffy it could happen
why did Sarkrazy lose his office? he didn't get the job done - just like Bush!
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I expect the markets will fall tomorrow: from fear, not from any programme of Hollande. The 75% top marginal rate will affect very few and there will be a push back against the ruinous, ideological fiscal policies that Germany has forced on he Eurozone. And against some of the Right Wing doctrinaire acts of Sarkozy.
It is going to be very interesting. It is what Sarkozy and his partner in Germany stood for, with similar polices in the US that brought the sick economies to the pretty pass they are now in. Will it be too late for a dose of pragmatism under a moderate Socialist to fix it?
Increased immigration and increasing taxes on the wealthy... About time.
The fact is time is running out for the old way of doing things. Before capitalism redefines
itself I want to the WTO fail completely and these free trade agreements come to an end.
That is not that far off either. Even in the nations currently receiving benefit, these issues
are coming to the fore. The reason is that as soon as another third world sweat shop
country is willing to work for less, the emerging nation is left with all the problems of a
modern society with no way to pay for it. I believe, morality is going to be the issue more
than the environmental focus. Economic morality, means profits, job creation, and a higher
social conscience. Only countries that embrace a modern world should benefit. We can't
denounce China for example, for its human rights violations and then do business with them
at the level we are. To do so is called hypocrisy.
Fine for you, collecting your pension. What are you going to do when the rest of us loose our jobs due to socialist plundering of the economy and there are no more tax payers left? Or are you, like Greece expecting your grandchildren to pay for your greed?
We won't lose our jobs. We'll just be forced to employ un-skilled deadbeats in a "work for pogey" program. To be fair I dont want "work for welfare" deadbeats either that the other end of the scale tends to push.
They were elected? That's news to me.