Cassandra

The World in 2012

France's presidential election

A nervous countdown, and not just for "Sarko"

Jan 18th 2012, 17:38 by J.A.

THE countdown to the French presidential election—just 94 days to the first round on April 22 if Cassandra has his maths right—is getting interesting. Poor Nicolas Sarkozy is finding that becoming a father (in October) and toppling a tyrant in Libya (one day later) are no guarantee of popularity. The latest opinion polls predict that his Socialist opponent, François Hollande (on the left in our picture), will be ahead of the president in the multi-candidate first round and, assuming a run-off between the two on May 6, will win decisively. Meanwhile, France has just lost its cherished AAA rating from Standard & Poor’s, which, of course, reminds voters that Sarko once said:

If France loses its AAA, I’m dead.

But is the president’s demise inevitable? In a rather obvious attempt to boost his fortunes, Mr Sarkozy today unveiled a €430m ($550m) back-to-jobs-and-growth package (the unemployment rate is now almost 10% of the workforce). He will emphasise that only he—and certainly not Monsieur Hollande, who has never held ministerial office—has the experience to guide France through the crisis of the euro zone. Most of all, he will campaign with an unmatched energy and instinct for his opponent’s weaknesses (in 2007 he ran rings around the Socialists’ Ségolène Royal, who at the time was Mr Hollande’s partner).

Perhaps all that explains why, according to Le Nouvel Observateur, Mr Hollande, who looks more like a provincial bank manager than a world leader, is refusing to count his chickens. Throw Marine Le Pen, of the far right Front National, into the electoral mix and anything could happen: she could damage both Sarko and Mr Hollande in the first round. For an interesting reflection on how both men are plotting their campaigns, I recommend this article in today’s Guardian by Christine Ockrent, a very distinguished French journalist whose partner, Bernard Kouchner, served as health minister in a Socialist-led government and then as foreign minister in Mr Sarkozy’s government. As Mme Ockrent points out, Messrs Sarkozy and Hollande are both looking to the late François Mitterrand for strategic and tactical inspiration. After all, the wily Mitterrand served for 14 years as president of the French Republic.

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Readers' comments

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Hektor Konomi

How much longer before the Germans understand their approach to solve the euro crisis is untenable? Now France has lost the AAA rating, and Germany is on the negative outlook as well...

lipadi2012

So many of can't wait to see him go... And then hopefully we'll see Angela finally cave in to common sense and listen to Nobel Prize Joseph Stiglitz and other smart economists. Europe deserves better than suicidal leaders...

jouris

Sarkozy has one thing on his side. He has a better chance of the euro zone not melting down before his election than those who face reelection campaigns later in the year. Plus, he is in a position to actually do something to hold things together long enough.

knowitwonka

Poor France. Your lost the only potential candidate who could help you to a rape charge conspiracy. Not that the man isn't a freaking sex machine, but in times of crisis who cares about ethics in something so small and silly.

rewt66 in reply to knowitwonka

knowitwonka:

"Who cares about ethics in something so small and silly"? Um, the victim, maybe? And anyone with decent compassion for victims? And any society that aspires to justice for all?

Things may not have happened the way the accuser claimed. But the concerns were valid and proper.

rewt66 in reply to knowitwonka

No, it wasn't silly when the accusation was made. It may have become silly in light of further evidence. It may have been false accusation. But there was nothing silly about the idea that a man in his position could rape someone. And there is even less silly to the idea that laws against rape apply to people in his position.

Connect The Dots

All incumbents face the same problem: the Recession and High Unemployment.

The lack of competent challengers with a clear solution will re-elect the incumbents.

Sarkozy, Obama, and Putin will go on for Act Two. But their prospects in office will remain difficult. They will have to raise taxes, lower spending and do the unpopular things by necessity.

About Cassandra

This blog accompanies The World in 2012, our almanac of predictions for the year ahead. The blog is named after the mythological Cassandra, who was cursed by Apollo to make prophecies that were accurate, but disbelieved.

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