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Mediawatch Politics

Allons enfants de l’austerity

Some required reading from today’s Figaro. Unfortunately the editorial is still not available online for non-paying members so I have typed out the main quote. We will see more of this in tonight’s debate between Francois Hollande and Sarkozy  but what is more interesting is how the main thrust of the problems that will be debated is a universal set of issues that apply Europe-wide.

Last time round the nationalist party cloned Sarkozy’s slogan “Ensemble, tout est possible” (Flimkien kollox possibli). This time we might see some more inevitable parallels. France’s “progressive” left built around anti-Sarkozyism is running a campaign built on “Hope”.

Hollande has promised employment and work but while his appealing rhetoric might sound great for the anti-austerity crowd it has already attracted the worried stares of the financial markets. Sarkozy is basing his challenge on facing the stark reality of failed models and failed economies.

May day’ speeches in Malta might be a taste of similar things to come closer to home. Joseph Muscat’s hope and rhetoric still fails the basic test of “Show me the money”. Combine that with his pre-hedging regarding “Hofra Mark 2012” (or the gap in finances he will obviously be surprised to discover once he is elected PM) and you seem to be getting a perfect clone of François Hollande.

There is much more to be read into this and I will do so as soon as I find the time. Here is part of Le Figaro’s editorial. For an amusing reading try replacing NS with Lawrence Gonzi and FH with Joseph Muscat.

“(NS) a défendu un nouveau modèle français, fondé sur un constat d’évidence : la mondialisation bouscule tout, tout est donc à repenser si on ne veut pas etre englouti. Le viex modéle social, perpétuellement financé à crédit, ne tient plus la route. Si l’on ne fait rien, il s’écroulera bientot. (…) (FH) connait bien le problème de fond de sa campagne. Il promet des choses qu’il ne pourra tenir, puisque tous les créanciers de la France – la fameuse “finance” – l’observeront seconde par seconde.”

(watch the video top-right from 14 minutes)

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