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Sarko’s Defeat: Good and Bad News for Obama
Made popular 379 days ago in
For President Obama, the sight of Nicolas Sarkozy, a fellow member of the Presidential class of 2007-2008, being sent packing by French voters will bring mixed feelings. Coming three days after British voters repudiated David Cameron’s Conservative-Liberal coalition in local elections, and on the same day that the Greeks delivered big losses to both major parties in parliamentary elections, the French result was another setback for conservatives and proponents of fiscal austerity. But it also confirms that these are perilous days for incumbents seeking reëlection. Sarkozy is the first French President to be turfed out of the Élysée Palace after one term since Valéry Giscard d’Estaing, in 1981.
When the campaign turns to questions of economics, what is happening in Europe should provide Obama with plenty of arguments with which to flay his opponents. Republicans say they want to slash government spending and focus on the deficit regardless of the immediate economic situation. The Europeans have carried out that experiment, and, to say the least, it hasn’t turned out very well. From this side of the Atlantic, the American economic recovery seems pretty impressive. After more than three years of economic stagnation, most Europeans would gladly take G.D.P. growth of two-to-three per cent and an unemployment rate of eight per cent.
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Is Sarkozy's Defeat Good or Bad News for President Obama?
This is not a scientific survey,
to learn more. Results may not total 100% due to rounding and voting descrepencies.
378 days ago
OBOMOO!!! BAD NEWS!!!!! BAD!!! BAD!!! BAD!!!
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