The markets appeared to collectively yawn in the wake of Mr. Hollande's election. Perhaps it's a sign that regardless of who's captain of the ship, it's still considered to be on a crash course with the iceberg. Nonetheless, it's hard to denounce the "socialism" of a platform that includes raising funds for new housing construction by raising limits on personal investment amounts from which the funds are derived, cutting taxes for small and medium-sized businesses, refusing to increase state-provided daycare, and decentralizing and downloading power to the regions and away from Paris. But these measures are tempered by proposals to raise taxes on those making more than 150,000 euros annually and to stick anyone making more than 1 million euros a year with a 75 percent marginal rate. "It is patriotic to agree to pay a supplementary tax to get the country back on its feet," Mr. Hollande has said.