Mr Hollande’s alternative to austerity is – austerity

Mr Hollande spoke with upbeat rhetoric to get elected.Now he is governing, he pores forth pessimistic language. He campaigned with optimism, he governs with pessimism.

His supporters will say he has to trim to the realities of office. They might argue that he did say in the small print of his manifesto that he too, like Sarkozy before him, needed to get the budget deficit down. Yet what most of us remember was the song “All you need is growth”. It is difficult to see where the extra growth is going to come from on his current policies.

Mr Hollande is right to take action to curb the deficit, even though it is already lower than the UK’s as a proportion of national income. I hope UK socialists will take note that a socialist French President wants the deficit below 3% of GDP, en route for 0%.

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About OyiaBrown

Please send me, as a comment to this page, any old material you have for inclusion in The Daily Joke Alert - to help enable us all to have our fancy tickled regularly! Never mind the state it's in as I tidy everything up prior to publication. Don't let good material go to waste - and so much does. In the interests of the environment we should always try to re-cycle everything, especially jokes. You know that makes sense! You may find some historical stuff here, but this does not really matter as humor is fairly timeless.

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