Socialism Not All It's Cracked Up To Be Makes Hollande Most Unpopular President In 32 Years

Tyler Durden's picture

While the people of France voted for a wealth distributing tax-the-rich Socialist President, it appears Francois Hollande is not living up to his electorate's hope for change as his policies are increasingly seen as simply more of the same as Sarkozy - “often the line is very fine between the two but Hollande must maintain the idea that he is more left wing.” Hollande’s popularity fell in February, leaving him the most unpopular French leader since 1981, a TNS-Sofres poll showed. More than two-thirds of the French and 44% of those who voted for him say they’re disappointed with him. It seems Socialism is not all it's cracked up to be as "the [European] obligation to cut deficits and spending and make reforms... exactly what Sarkozy had to deal with... annuls all measures Hollande wants to impose to boost jobs and growth." Hollande has restated his promise to reverse the unemployment trend and chanted his three mantras "constancy, endurance and hope," but, as Bloomberg notes, the last five opinion surveys have been disastrous for the self-proclaimed 'normal' president but have no fear as the 'old fuddy-duddy' is going back to the people in a charm offensive.

It seems 'we the people' of France are as unhappy as the Italians...


Via Bloomberg,

President Francois Hollande, the most-unpopular French leader in more than 30 years, is struggling to show supporters he’s not dipping into predecessor Nicolas Sarkozy’s playbook to reverse an economic slump.




“Often the line is very fine between the two but Hollande must maintain the idea that he is more left wing,” said Eric Bonnet, a political opinion analyst at BVA polling institute in Paris. “The big challenge for Hollande is to give his supporters the feeling that what he does is different from Sarkozy, to reassure them on his policies.”




His wings are clipped,” said Mathieu Plane, an economist at research institute OFCE in Paris. “As long as he must comply with very tough austerity measures, as long the economy is not expanding to give him some leeway on state measures, his margin for maneuver is minimal.”




With no immediate hope for an economic recovery, Hollande’s program for 2013 is looking very similar to his predecessor’s, infuriating his political allies and supporters.


Hollande’s popularity fell in February, leaving him the most unpopular French leader since 1981, a TNS-Sofres poll showed. More than two-thirds of the French and 44 percent of those who voted for him in the second and decisive round of the May election say they’re disappointed with him, according to a BVA poll in Le Parisien on March 3.


Worse, a majority -- or 51 percent -- of the respondents in the BVA survey said Sarkozy would have done a better job in fighting the crisis and the morosity gripping France.


The survey showed that 54 percent of the respondents believe Hollande isn’t doing enough to change France and most say he won’t fulfill his promise to reverse the trend of rising unemployment by the end of the year or make enough reforms to stabilize the country.




Still, with the European Commission breathing down his neck on fiscal discipline, Hollande needs to make a series of unpopular overhauls, including reshaping the overextended pensions system, cutting public spending and pushing through more-flexible labor rules.


His pledge to cut the budget deficit to 3 percent of gross domestic product this year has already been ruled unattainable by the commission. His efforts are also aimed at sending reassuring messages across the Rhine to Chancellor Merkel who has pushed for austerity over Hollande’s electoral campaign promise of growth policies.


“The European factor -- the obligation to cut deficits and spending and make reforms -- is exactly what Sarkozy had to deal with,” OFCE’s Plane said. “It annuls all measures Hollande wants to impose to boost jobs and growth.”




To appease an increasingly irritated population ahead of a late March television presentation of his strategy for rekindling growth and employment, Hollande launched this week a new agenda item: regular visits to “real France” with a sleepover in the nearest small town.



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achmachat's picture

you mean getting stuff for free doesn't work out in the end? really?

Joe Davola's picture

So it's not just here the pols trot out the "hope" slogan when they've got nothing else.

hedgeless_horseman's picture



Socialism Not All It's Cracked Up To Be Makes Hollande Most Unpopular President In 32 Years

32 years ago France was far more Christian than she is today.

"Thou shalt love thy neighbour." Matthew 5:34

"Love thy neighbour." Perhaps he rolls in riches, and thou art poor, and living in thy little cot side-by-side with his lordly mansion; thou seest every day his estates, his fine linen, and his sumptuous banquets; God has given him these gifts, covet not his wealth, and think no hard thoughts concerning him. Be content with thine own lot, if thou canst not better it, but do not look upon thy neighbour, and wish that he were as thyself. Love him, and then thou wilt not envy him.


Perhaps, on the other hand, thou art rich, and near thee reside the poor. Do not scorn to call them neighbour. Own that thou art bound to love them. The world calls them thy inferiors. In what are they inferior? They are far more thine equals than thine inferiors, for "God hath made of one blood all people that dwell upon the face of the earth." It is thy coat which is better than theirs, but thou art by no means better than they. They are men, and what art thou more than that? Take heed that thou love thy neighbour even though he be in rags, or sunken in the depths of poverty.


But, perhaps, you say, "I cannot love my neighbours, because for all I do they return ingratitude and contempt." So much the more room for the heroism of love. Wouldst thou be a feather-bed warrior, instead of bearing the rough fight of love? He who dares the most, shall win the most; and if rough be thy path of love, tread it boldly, still loving thy neighbours through thick and thin. Heap coals of fire on their heads, and if they be hard to please, seek not to please them, but to please thy Master; and remember if they spurn thy love, thy Master hath not spurned it, and thy deed is as acceptable to him as if it had been acceptable to them. Love thy neighbour, for in so doing thou art following the footsteps of Christ.


-Charles Spurgeon

IridiumRebel's picture

Thou shalt bilk thy neighbor.


Obama 20:12

Harlequin001's picture

'but have no fear as the 'old fuddy-duddy' is going back to the people in a charm offensive.'

I thought the people had all moved out...

Those that mattered anyway..

SafelyGraze's picture

"hollande’s popularity fell in February, leaving him the most unpopular French leader since 1981,"

tant pis

which, in english, means 'aunt wee wee'

machineh's picture

'the most unpopular French leader since 1981'

That would be Francois Mitterand in 1981, another hard-line socialist who came in promising a 35-hour work week ... and only ended up devaluing the franc.

Now that there's no franc to devalue, France will just have to SUCK IT IN until something breaks.

TBT or not TBT's picture

France was working on getting a new people to match its government.

rotagen's picture

News flash: Christianity is a mythology and a borrowed one at that.  Might as well discuss how Zeus is not well-pleased with the french.

Fake Jim Quinn's picture

When we people learn "hope" is not a f@ckin strategy

jimmytorpedo's picture

50% of the populations retirement 'strategy'

hope and pray to win the lottery

aint no fortunate son's picture

I like that "constancy, endurance and hope" thingie. I expect we will be seeing it in the headlines and lead paragraphs of Reuters, AP, CNBS and all manner of other sock puppet media any day now - you have to feed the algos!

Roger O. Thornhill's picture

After thinking that over we decided to declare war.

MFLTucson's picture

Too late for America, the animals will riot if their free shit ends.

Freddie's picture

Yeah but everyone love Obummer.

Polling companies and credit rating agencies make sure of that because the Feds will raid them if they do not spread the love.

Theta_Burn's picture

French think they have it bad...

Look at what we Americans "hoped" for and got..., from the same people that brought you Bush...

Mario55's picture

The opposite of Hollande is not a Bush-like type or Sarkozy, It would be a Ron Paul which is a completely unknow specie in France.

"54 percent of the respondents believe Hollande isn’t doing enough to change France".

 Translation: He does not drive fast enough towards full flung communisn. Don't be fooled you austrian libertarians!

TBT or not TBT's picture

Exactly. All French parties are government parties, and the French electorate are raised in statism, fed it, bathed in it, educated from crèche to post doc by it.

Zap Powerz's picture

Politicians are all the same.  It doesnt matter what their party is, what their ideology is or what they tell you they "want to do for you".  They are all the same.  They lie to get elected. Once elected they spend all their time enriching themselves at public expense and they lie the entire time.

Politicians are bad people that do bad things for bad reasons.  They are sociopaths.  They have no conscience.  They are motivated by power and control.

Putting hope and faith in government and politicians is as about as useful as putting faith in the god that doesnt exist.

TBT or not TBT's picture

That's why govt should be designed to self limiting, organized with competing coequal powers, of limitited roles and scope. The founders understood the scope creep issue, the limitless desire for power, and the end result, tyranny. Nothing new.

wee-weed up's picture

Look for a billboard popping up in France with a grinning picture of Sarkozy saying...

"Miss me yet?"

20834A's picture

 "constancy, endurance and hope" = liberty, equality, and fraternity. Sharpen the guillotine blade, baby.

Dr. No's picture

Constancy = status quo

Endurance = tuff it out

Hope = live with it but keep a good attitude.

whotookmyalias's picture

Anyone with integrity and ambition who voted for these idiots got what they deserved.  The whole world knew electing this President (in both France and the US) was a huge mistake.

Hope has turned to cope.

TBT or not TBT's picture

The French weren't clued in, apparently.

falak pema's picture

we should have kept sarko and you GWB....the perfect couple.

Integrity personified. 

Lets_Eat_Ben's picture

Where is the enduring culuture of personal liberty among the French?

If the French want change they should roll some heads...

secret_sam's picture

You've got it backwards.  What they wanted and voted for was MOAR socialism.  They're not happy with Hollande because he hasn't delivered, and he can't deliver because of the Euro.

Give the Frenchies back their printing press and let's get 20 francs to the US dolor again.  Heh.

TBT or not TBT's picture

He can't deliver because socialism is failing right on schedule, a couple of generations into it. The euro and the eu are just symptoms of statism doubling down and redoubling down in attempts to pull up. Not possible. The demographics. The end.

TBT or not TBT's picture

Yeah because the first French revolution worked out so well. Egalite is not a workable slogan unless followed by "under the law". They went for the Karl Marx kind.

StychoKiller's picture

George Orwell, "Animal Farm:"

  1. Whatever goes upon two legs is an enemy.
  2. Whatever goes upon four legs, or has wings, is a friend.
  3. No animal shall wear clothes.
  4. No animal shall sleep in a bed (with sheets).
  5. No animal shall drink alcohol (to excess).
  6. No animal shall kill any other animal (without cause).
  7. All animals are equal (but some are more equal than others).
A Lunatic's picture

Let them eat hope............

caimen garou's picture

saving face! thats all they( leaders around the globe) want to to, try to look like they care. same here in the US, pileofcrapticians care just of getting re-elected, keep their pockets lined with cash, and nothing of the american people! TO HELL WITH ALL OF THEM!

IridiumRebel's picture

When will people learn that there is a certain recipe to good government....SMALL GOVERNMENT. Time and time again, these fools think they can redo the big .gov ways and believe that it will work. Here is a fucking idea, TRY SMALL GOVERNMENT. 

pan's picture

Give anarchy a chance Iridium!

IridiumRebel's picture

I'm thinking plausability. Small gov would allow anarchy in certain forms. I do still believe in an organized defense. Anarchy would be great, but I do not believe that it could stay functional as lawlessness would be more possible. I hear ya tho. 

Anusocracy's picture

Anarchy would be an improvement because society would be able exclude or kill (that archaic concept of self-defense) known criminals.

Property rights are virtually non-existent with any government because government can't exist without legalized theft. All of your property is up for grabs under government.

And what does "defense" have to do with defending?

Don't get me wrong, I would settle for a completely neutered government, but that and anarchy will never happen as long as the vast majority are talking monkeys.

Zap Powerz's picture

There are options other than Big Government and Anarchy.  Just like there are more colors than Black and White (you may be unaware of this).


Meat Hammer's picture

Only if it's an FDA-approved dick.

monad's picture

The FDA does not approve dick. Only ingestibles, drugs, laws and propaganda that make civilians submissive and docile. Hillary Clinton set up the FDA, the soviets were most impressed.

 You can be sure strapons are allowed.

IridiumRebel's picture

what about horse? It's cheaper....lean.

IridiumRebel's picture

I see Obama and his well paid fleet of "advisors" have been on this board. i bet he has a group to parse comment boards for disinfo.

monad's picture

It must really suck to be surrounded by greedy suck ups who tell you only the lies you need to hear singularly to undermine, chisel and skim off your business, with no regard for the impact, then be held responsible for their treachery, and not be able to kill them.

Dr. Engali's picture

It's the debt stupid...

Volaille de Bresse's picture

There's a VICIOUSLY long winter here in France. Today it's snowing. 


"So what?" I hear some of you say. Well some historians say the French Revolution burst out in 1789 because of the 1788-89 very hard winter, and the desperation that occured from it...


Just sayin' François!