Socialist presidential candidate Hollande has won the presidency of France, with 51.9%. That’s closer than expected, but a majority is a majority.
It is only the second time in the Fifth Republic (i.e. since direct elections began in 1965) that power has shifted from the right to the left, and also only the second time an incumbent has been defeated in a reelection bid.
One might conclude that the only way the Socialists can win is for voters to be tired of the incumbent conservative. Or when they have a candidate named Francois.
Now on quickly to the legislative elections. As happened in 1981, in the honeymoon elections following Mitterrand’s win, I would expect a large Socialist majority and premier, plus a broad left cabinet, to result.