This past week President Hollande of France announced he would not seek a second term in next April’s presidential election. This decision taken by Hollande was a realistic decision given his very poor polling results, his failure to solve the unemployment problem because of his refusal to embrace Keynesianism, the low level of popularity of the governing socialist party and the clear and present danger that if the socialists fielded a weak candidate they probably would be excluded from the decisive second round which would instead boil down to a contest between the Front National candidate Marine Le Pen and the Republican party conservative candidate François Fillon. Now there are some plausible alternatives to this scenario. The choice on the left so far is among conservative politicians Emannuel Macron and Emanuel Valls,and further left figures Arnaud Montebourg and the former education minister Benoît Hamon. A poll shows Valls ahead. On the further left is once again Jean Luc Melenchon. So the socialist party primary will be an interesting and possibly revitalizing affair. It takes place in January.
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