Lessons From France

By Daily Telegraph, Daily Telegraph - April 23, 2012

On the surface, the result of the first round of the French presidential election is entirely as expected: François Hollande has come out ahead of Nicolas Sarkozy, and the two will now proceed to a head-to-head contest. Given that Mr Sarkozy is the first president in decades to be defeated in this preliminary stage of the contest, and that the polls predict a convincing victory for Mr Hollande, things do not look good for the incumbent.


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