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Failure Of Austerity

Sacré Bleu! Hollande Humiliated

It's being called "Black Sunday" or as French President Francois Hollande calls it "Dimanche noir," but whatever language you use, in political terms France's local municipal elections this past weekend have proven humiliating for Hollande and his Socialist party.Not only has Hollande's party lost control of what had been socialist strongholds in towns such as Toulouse, Reims and Saint Etienne but the polls also gave historic gains to the country's center right and in particular the far right National Front party.Prime Minister Jean-Marc Ayrault is widely expected to be made the chief scapegoat for the government's failures. He glumly declared after the ballots were tallied, "the message the voters have sent is very clear and must be clearly heard." That probably means "au revoir" Monsieur Ayrault.In 2012 Francois Hollande had been swept to victory as French president on the back of an economic recession in the eurozone that many voters blamed on former president Nicolas Sarkozy's pro-...

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