French voters have given President Nicolas Sarkozy the boot and elected Socialist Party candidate Francois Hollande to be the next leader of France, sending a clear sign of rejection to austerity measures and shockwaves to markets. With a current 35 hr/max work week, retirement with benefits at 55, and little time given for the progression of Sarkozy’s policies, some from the outside looking in question if austerity was even given a far shot. Yeshiva University Economics and Philosophy Professor James Otteson joined “Real News” Monday to discuss the affect this election could have on financial markets long term, what policies Hollande is likely to put in place, and what actual austerity is.
Find TheBlaze on your TV
TheBlaze is available on channel .
Spread the word!
If you can't find TheBlaze, please call to upgrade your package
Unfortunately, TheBlaze is not available on .
But you can help! Call at or press CONTINUE to email your provider and urge them to add TheBlaze to your channel lineup.
But you can help! Press CONTINUE to email your provider and urge them to add TheBlaze to your channel lineup.Continue
Please complete the form
Thank you for supporting TheBlaze
While you're waiting for your TV provider to get TheBlaze, sign up to watch it online now.
- Podcast: The Church Boys tackle pot legalization, Nancy Grace and plenty more
- Ted Nugent talks God, government and how hunters feed millions of hungry people each year
- House Dem: GOP's constitutional battle with Obama over immigration is just a 'food fight'
- Taliban claims responsibility for 'insider attack' that killed three Americans
- Nancy Pelosi's surprising answer when asked if most Dems will attend Netanyahu's address to Congress