| | Since his inauguration in May 2007 as France's sixth president under the Fifth Republic, Nicolas Sarkozy focused his first months in office on improving the performance of France's economy through liberalization of labor markets, higher education and taxes. In the April 22, 2007 first round of presidential elections, Sarkozy, the leader of the center-right, union for a popular Movement (UMP) party, placed first; Socialist candidate Ségolène Royal placed second; centrist François Bayrou placed third; and extremist Jean-Marie Le Pen placed fourth out of a field of 12 candidates. Sarkozy prevailed in the May 6, 2007 second round, defeating Royal by a 53.06% to 46.94% margin. Royal's loss marked the third straight defeat for the Socialist candidate in presidential elections. | | Since his inauguration in May 2007 as France's sixth president under the Fifth Republic, Nicolas Sarkozy focused his first months in office on improving the performance of France's economy through liberalization of labor markets, higher education and taxes. In the April 22, 2007 first round of presidential elections, Sarkozy, the leader of the center-right, union for a popular Movement (UMP) party, placed first; Socialist candidate Ségolène Royal placed second; centrist François Bayrou placed third; and extremist Jean-Marie Le Pen placed fourth out of a field of 12 candidates. Sarkozy prevailed in the May 6, 2007 second round, defeating Royal by a 53.06% to 46.94% margin. Royal's loss marked the third straight defeat for the Socialist candidate in presidential elections. |
| | It should be noted that France is, in many ways, much more left-wing and socialist than the U.S.A. Even with what the French would call a right-wing president, there are differences fundamental between the right-wing in France and America. France has a very large state and employs a near majority of the workforce directly and indirectly (like state-owned private companies). France also has a very strong welfare state and comprehensive cover for health, unemployment, pensions, etc. This is expensive and so taxes are relatively high. So while President Chirac and his successor President Sarkozy are right-wing, they are not looking to dismantle these policies even if the latter wants to make them more efficient. Compared to America, Sarkozy would be roughly equivalent to a Democrat. The Socialist Party, the opposition political party at the moment, is very strong. There is no comparison to a main American political party. | | It should be noted that France is, in many ways, much more left-wing and socialist than the U.S.A. Even with what the French would call a right-wing president, there are differences fundamental between the right-wing in France and America. France has a very large state and employs a near majority of the workforce directly and indirectly (like state-owned private companies). France also has a very strong welfare state and comprehensive cover for health, unemployment, pensions, etc. This is expensive and so taxes are relatively high. So while President Chirac and his successor President Sarkozy are right-wing, they are not looking to dismantle these policies even if the latter wants to make them more efficient. Compared to America, Sarkozy would be roughly equivalent to a Democrat. The Socialist Party, the opposition political party at the moment, is very strong. There is no comparison to a main American political party. |
| | + | During his first year and a half in office, Sarkozy eliminated income taxes on overtime hours, lengthened the contribution period for retirees to receive full pensions, and established a "minimum service" requirement on strike days, among other reforms. He also completed a major revision of the French constitution, which made the president more accountable to Parliament and strengthened the power of the legislature. French and EU analysts stress that longer-term reform measures must focus on reducing the future burden of ballooning public pension and health care budgets, as well as reducing labor-related taxes. |