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May 15, 2017
How do you say 'more of the same' in French?
A week later, and there is a lot of talk about what happened in France, as my good friend Barry Casselman wrote: President-elect Macron, 39, will take office next Sunday, and represents a belated Gallic version of the model of left-to-center political figures that came to power in the 1990s in the U.S. and U.K., Bill Clinton and Tony Blair. While both Mr. Clinton and Mr. Blair were quite successful with their pro-entrepreneurial, "third-way" liberal politics, their successors have moved decidedly to the left – and to political defeat. We will see what happens in France. I understand Barry's note about Mr. Clinton and Mr. Blair, but I see some important differences: 1) Mr. Clinton inherited a growing economy and rode it for much of his presidency. Despite the low unemployment and high approvals, he couldn't deliver Arkansas to V.P. Gore on election day. 2) Mr. Blair replaced a tired P.M. major who succeeded...(Read Full Post)