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French President Francois Hollande Says 'Au Revoir' Day Job

["Francois Hollande"]
The Telegraph

He's the first French president to decide against seeking a second term in nearly 60 years.

*The Short of It: *

Yesterday, François Hollande announced he would not seek re-election as president of France .

The Longer Version of It:

François Hollande, the French president has had approval ratings as low as 4 percent during his term will not seek re-election. He's the first French president to decide against seeking a second term in nearly 60 years. France's high unemployment rate and national security fears due to recent terror attacks haven't given Hollande the popularity boost either. Many of the French people are also not too happy about the climbing number of immigrants coming to France as a result of the EU's massive migrant and refugee crisis. Now voters are looking out for far right, like Republican candidate Francois Fillon or far-right candidate Marine Le Pen. Both have said that they would like cut back on immigration. His decision to step down steps from Hollande's hope that France will be able to improve the chances of the governing Socialists in presidential elections in the spring and give his party a fighting chance in the face of what he has called "conservatism" and "extremism."

The Takeaway:

In 2016, conventional wisdom was that a candidate like Marine Le Pen wouldn't win France. Now, post-Brexit and post-Trump, everyone is takng populist campaigns with a lot less grains of salt.

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