Be careful before you rejoice over the Hollande victory. His magic wand politics is based on selling the idea of socialism in one Eurozone-- based on getting all the other EU countries' populations also to vote socialist so they can set up a superKeynsian programme where the whole of the EU happily prints money and hands it out for whatever benefits the good citizens have become accustomed to.
Thus, he promises an instant end to austerity, job creation a la carte, restoring cuts in pensions public spending etc.
This is very appealing to electorates feeling the pinch and hating the austerities of getting rid of deficits for years ahead.
Imagine if Hollande is able to sustain this illusion for 2-3 years as first the Eurocrats indulge him in order to ensure the Eurozone doesn't break up.Then a whole series of other EU states also vote in magic wand Eurozone keynsian socialist governments, Apparently even in Germany, the votes for the Social Democrats are soaring. So then what happens if these magic wand programmes are voted for across the EU (including in the next EU elections)?
Come 2015 we could be facing Ed Miliband offering a UK version of Hollande's magic wand programme, with crowds of happy deficit fuelled populations across the EU as examples of how well the magic wand works. It means signing up to the new socialist print-as-much-as-you-want Euro. So Ed Mili is right behind an EU referendum, only this time on a "free money, end to austerity, magic wand" embrace-the-Euro programme. The Lib Dems will be enthusiastic supporters
The Tories and UKIP would then be the only parties opposing this glorious magic wand socialist vision. They'd get their referendum. But guess what? They'd lose it hands down, because the euphoria of the free money vision would be far more appealing than the Sturm und Drang of leaving the EU and yet more austerity.
If you doubt this, remember that until Livingstone dreamed up his Fare Deal magic money offer, he was hopelessly behind Boris in the polls. Once that was offered, his popularity soared. Had Andrew Gilligan & Guido Fawkes not exposed his tax avoidance and matching hypocrisy, people would have accepted his promises as credible. Once the tax evidence was out (including Livingstone's failure to deliver on his promise of publishing his accountant-certified tax records) and widely exposed, people stopped believing in the magic beans fare reductions. Boris' popularity and credibility recovered, but the gap between him and Livingstone never went back to what it was before the launch of the Fare Deal promise.
Even so, over a million people voted for Livingstone's magic wand, magic beans, free money programme and for him, knowing that he was an habitual liar and serial promise breaker.
Botis and his reality programme only just --just-- won. And a major reason for that was the strength of Boris' personality and personal appeal compared with the very negative features and track record of Livingstone.