Emmanuel Macron Won French Presidential Election as the youngest in France history

The 39years old,Emmanuel Macron is France’s youngest president ever—breaking a 169-year record held by the famed French emperor Napoleon Bonaparte, who took power at age 40.

Macron won Marine Le Pen with no party to back him and no experience of elected office, many in the political classes dismissed his candidacy as a publicity stunt.

France Prime Minister Manuel Valls described Macron as “populism lite,” while Francois Fillon, the Republican candidate whose campaign was derailed by scandal, said he was certain the French public would “not place their fate in the hands of a man with no experience, who had demonstrated nothing.”

The former Rothschild banker,and civil servant, on Sunday won as President of the sixth-biggest economy in the world.

According to Emmanuelle Schön-Quinlivan, lecturer in European politics at University College Cork. said,”There are no words which are strong enough to describe Macron’s achievement,”

Thousands of youth poured in the huge courtyard of the Louvre Museum after polls closed at 8 p.m. on Sunday night, hugging each other and chanting “Macron Président!” as they waved flags. Macron defeated Le Pen by about 65.5% to 34.5%, according to preliminary results. to overcomes impossible odds to achieve giant success.

After the victory as President, Macron said he had sensed the “rage, anxiety and doubt” coursing through much of France. “The renewal of public life starts tomorrow,”

The Newly elected President Macron, who was barely known just a year ago, when he was President François Hollande’s Economy Minister, won over many French voters as much for his jolting fresh-faced vigor and his razor-sharp intellect, as for his policies themselves. “He’s our own J.F.K.,” cooed one supporter during a Macron rally in late April, who said she had ditched her support for the traditional conservative Republican candidate in order to back Macron.

Macron inherits a country that is bitterly divided and mired in problems that have endured for years. Those include double-digit unemployment—about 24% among young French—serious terrorist threats, Europe’s biggest migrant crisis since the Second World War, marked skepticism over the E.U., and ballooning public debt.

With the vote over, the French public will quickly expect Macron to bring a sense of unity to the fractured country.
For many, the election was about the desire for a shift away from the current political classes, which many feel have left them behind.

Beset by high unemployment, a stagnant economy, concerns around immigration and security fears following a spate of terror
attacks, Macron will take the helm in France a difficult time.

British Prime Minister Theresa May, U.S President Donald Trump and German Chancellor Angela Merkel were also quick to send their congratulations to Macron, who has been outspoken of his desire to work with France’s European partners.

Macron has been adamant that closer integration between the countries that share the euro will benefit not only France, but the EU as a whole. However, he’s advocated for reform of the currency union and has said the Eurozone should create its own budget.

A free-trade supporter, he campaigned in favor of CETA, the EU’s free trade agreement with Canada, but he’s cautious when it comes to Europe seeking new deals.

He has also spoken against reinstating borders in Europe, instead seeking more integration within the trading block.

Macron’s victory has shattered the two-party system of Socialists and conservatives that have endured for 60 years.

According to TIME, Macron needs to forge a coalition capable of winning a majority of seats in the French parliament, called the National Assembly, whose elections are in June. Without that, he could find it intensely difficult to ram through his campaign promises, which include cutting 160,000 positions in France’s mammoth public-service sector, cutting corporate taxes from 33% to 25%, and cutting the huge payroll taxes, which economists (like Macron) believe keep companies from hiring more people. Macron’s campaign spokeswoman Laurence Haim told TIME last month they were vetting about 15,000 candidates to run in the June elections.

“The France economy is doing slightly better and we’ve had a slow decline in unemployment in the past few months, but we’ve had mass unemployment for 30 years,” said Schön-Quinlivan.

“This is the key issue that people want to see solved.”
Among young people unemployment is an even bigger problem, with 24% of people between the ages of 15 and 24 without a job.
During the campaign, Macron promised to cut corporate tax rates gradually to 25% from 33%. He also wants to cut local housing taxes for the majority of French people and reform the wealth tax.

He has pledged to cut public spending by 60 billion euros ($64 billion) a year, partly by making the government more efficient. He said he would cut up to 120,000 government employees by not filling positions as workers retire.

He’s also outlined plans for a big economic stimulus, which he said would radically transform the French economy, pledging to spend €50 billion over five years on training, energy and the environment, transportation, health and agriculture.

According to Dominic Thomas, Professor of French and Francophone Studies at UCLA told CNN that “People have been left behind and that goes for these communities which are not automatically immigrant-based communities or poor immigrant communities,”

“They are people living in the industrial north and rust belt, whose communities have been completely decimated by industrial change.”

It’s a situation, he says, that’s no different to the rust belt in the US or the northeast of England.

Source: CNN/TIME

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