EVER since President François Hollande was elected last May, things
have not gone right for him. He promised to kick-start growth and
create jobs, yet the economy has stalled, factories keep closing
and unemployment is over 10%. His scheme to impose a 75% top
income-tax rate on millionaires has been ruled unconstitutional by
the highest court. Up to 1m protesters have challenged his plans to
legalise gay adoption and marriage. As his credibility has drooped,
so have his poll numbers, to record lows. Yet in the past week, Mr
Hollande has silenced even his critics by revealing an unexpected
streak of audacity.
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