Friday, May 13, 2016

#Hollande Won't Survive the Next Election Cycle

The majority will not force change until its absolutely necessary. The transition from prosperity to liquidation by 2017 will force no-confidence votes no only in France but also throughout Europe. Change rarely comes during times of prosperity. The global economy is rolling over.  What's worse, politicians won't be able to do much other than offer lip service solutions. If the public views them as contributing to their economic pain, they'll be voted out of office.  That's the lesson from history.

Headline: French President Hollande Survives No-Confidence Vote

PARIS—The conservative opposition to President Fran├žois Hollande failed on Thursday to force the resignation of his government and block his effort to change French labor law, clearing another hurdle for Mr. Hollande to pass legislation that has roiled French politics.



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