Commentary feature. The French presidential election of 2012 is shaping up as a contest of the Mitterrands. François Hollande is offering the voters the newly-minted president of 1981: a confident socialist certain that France could make its own way in a hostile world. Nicolas Sarkozy prefers to summon up Mitterrand in his subsequent guise: the hard-bitten realist forced by events to embrace the German way of economics.
Writer says: Does France want to keep running to keep up with Germany; or does it want to lead a rebellion against economic orthodoxy? Choose it must.
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