The Economist - UK (2022-04-09)

(Antfer) #1

16 Briefing The French presidential election TheEconomistApril9th 2022


seen  as  something  of  a  success  (see  chart
2).  A  form  of  pragmatic,  post­partisan
policymaking has pushed through a range
of reforms—lower taxes, a more flexible la­
bour market, better training and early edu­
cation, ivffor gay women, and more. Par­
liamentary politics has become more con­
sensual. There has been scarcely a whiff of
rebellion in parliament. It feels quite nor­
mal  to  see  Bruno  Le  Maire,  France’s  long­
serving finance minister and once a presi­
dential primary candidate for the Republi­
cans,  working  closely  alongside  Olivier
Dussopt, the budget minister, previously a
Socialist  deputy.  Such  harmony  has  made
possible, among other things, a post­covid
recovery  plan  that  saw  France’s  economy
recover to pre­pandemic levels faster than
any other g7country apart from America. 
Some of the fruits of his tenure are easi­
ly  seen  in  Mr  Macron’s  native  Amiens,  a
modest  northern  city  of  red­brick  houses
nestled in what were once the battlefields
of the Somme, their soil and memories the
strongest  of  all  cases  for  European  unity.
Unemployment has fallen. Nursery educa­
tion  is  now  compulsory  (and  free)  for  all
from  the  age  of  three,  as  it  is  across  the
country. In poorer neighbourhoods, early­
primary  class  sizes  have  been  halved  and
free  breakfasts  brought  in  as  part  of  Mr
Macron’s promise to tackle inequality with
better education. 
New  businesses  have  opened  their
doors,  and  some  existing  ones  have  ex­
panded.  Amazon  has  built  a  distribution
centre  on  the  city’s  outskirts,  employing
over 1,000 people. A tyre plant has expand­
ed;  so  has  one  making  laundry  products.
“Over the past five years, economic activity
has really developed in Amiens,” enthuses
Ms Fouré, the mayor, despite being a sup­
porter  of  Mr  Macron’s  presidential  rival,
Mrs  Pécresse.  A  startup  called  Ynsect,
which breeds and processes insects for an­
imal  feed  and  fertiliser,  is  building  the
world’s  biggest  vertical  mealworm  farm.
“This  government  has  been  particularly
pro­business,”  says  Antoine  Hubert,  Yn­
sect’s boss. “The number and size of start­
ups in recent years has exploded.”
But  there  have  been  close­downs,  too.
One  of  the  iconic  moments  of  the  
campaign was when Mr Macron faced en­
raged  trade  unionists  burning  tyres  out­
side  a  Whirlpool  factory  in  Amiens;  the
firm  was  shipping  work  out  to  lower­cost
economies  elsewhere  in  the  euand  the
factory  faced  closure.  The  presidential
hopeful spent nearly an hour urging them
not  to  believe  the  “empty  promises”  of­
fered by the likes of Ms Le Pen, who vowed
to stop the factory from closing. “I can’t tell
you  I’m  going  to  save  your  jobs,”  Mr  Mac­
ron declared candidly. But he would try. 
Today weeds are growing in the car park
of the Whirlpool factory; a sculpture made
from  18  steel  tumble­dryer  drums  domi­

natesitsdesertedentrancehall.Twicenew
ownerspromisedtokeeptheplantgoing.
Twicetheyfailed.“It’sa disgrace,”saysFré­
déricChantrelle,a formerunionrepresen­
tative.Lessthanhalfofthe 280 formerem­
ployees have found another permanent
job.Otherindustrialworkplaceshavesuf­
feredsimilarfates.Workindistribution
warehouseshasnotreplacedthemuscular
camaraderieofthefactoryfloor.“Socially,
theclosurehasdestroyeda lotofpeople,”
saysMrChantrelleangrily:“Wecan’tsay
thatMacronasa guyfromAmienshasex­
actlybeena luckycharm.”
Disillusionamongblue­collarandlow­
paidworkersisoneofthereasonsthepop­
ulistvotehasnotgoneaway.Thesingle

mostpopularchoiceforblue­collarvoters
isMsLePen:36%saytheywillbackherin
thefirstround,nextto20%forMrMacron
and19%forMrMélenchon,accordingto
Ifop,a pollinggroup.Sheattracts28%of
thevoteofthosewithincomesbelow€
($1,055)a month,nextto25%forMrMac­
ronand21%forMrMélenchon.

Letthemeatcrickets
Discontented working­class voters are
hardlya novelty;forthefirstelevenyears
ofMrMacron’slifetheCommunistParty
ranAmienstownhall.PartofMsLePen’s
successhasbeenattractingmoreofthem
toa partywhich,whenherfatherfounded
itinthe1970s,wasbasedonxenophobia,
anti­Semitism and nationalist nostalgia
linkedtothelossofFrenchAlgeria.
MsLePenhasdistancedherselffrom
someofthatheritage,notleastwhenshe
changedtheparty’snamefromtheNation­
alFronttotheNationalRallyin2018.Mr
Zemmour,a formertv pundit, has em­
braceditsmostreactionaryandxenopho­
bicelements.Hepromisesto“saveFrance”
fromthe“greatreplacement”ofitspopula­
tionbyforeignersandIslam;hehasbeen
convictedofincitementtoracialhatred.At
onepointheedgedaheadofMsLePenin
thepolls,butasa devoteeofVladimirPu­
tinhewasknockedbackbadlybytheinva­
sionofUkraine.(MsLePenandMrMélen­
chonhavealsohadnicethingstosayabout
MrPutin,butvotershavesofarminded
less,ifatall).Alargemajorityofhissup­
porterswill probablytransfertheiralle­
giancetoMsLePeninthesecondround.
Thatishardlysurprising.Moreunto­
wardistheevidencethatshewillpickup
votesfromtheleftandthecentreinun­
precedentednumbers.AccordingtoIpsos,
in2017,7%ofthosewhohadsupportedMr
Mélenchonand20%ofthosewhosupport­
edthecentre­rightcandidateinthefirst
roundtransferredtheirallegiancetoMsLe
Peninthesecond.Thistimepollsputthe
numberssayingtheywilldosoat17%and
34%respectively.Many left­wingers,in­

Don’t panic?

Source:TheEconomist’sforecastmodel *AtApril6th

1

Chanceofwinning*,%

French presidential election 2022

Round-two polling* and predicted vote share, %

Jan Feb Mar Apr

Macron

Macron

Pécresse LePen LePen

0

20

40

60

80

100

30

40

50

60

Round two 70

80% confidence interval

Round two

53
47

Others

Jan Feb Mar Apr

Not a bad record

*Alternativequestion:“DoyouhaveconfidencethatMacron
canmanagethecoronavirusepidemicinFrance?”
†15-to64-year-olds Sources:Kantar;Insee

2

60

40

20

0

Yearsinoffice

Confidence in the French president, % polled

Macron
(201-22)

Macron

Hollande
(2012-1)

Hollande

Sarkozy
(200-12)

Sarkozy

68

67

66

65

64

Quartersinoffice

201612841

Employment rate† under French presidents, %

012345

*
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