The business report on the radio began with the latest dooming and glooming. The commentator used all the appropriate clichés about this poor outlook, that unexpected downturn, and, of course, the uncertainty prevailing. Then, he surprised me with his ignorance by describing this week’s outcome in the French election.

“European markets are surging,” he said, “because of leftist Marine Le Pen’s showing in the first round of the French elections.”

“Leftist?” I repeated out loud. “Does he have any idea what he’s talking about?” (more…)