Original sentence: After the elections 1986 of Mitterrand had to share power with right-wing parliament and thus made Chirac his prime minister (Cohabitation).Jacques Chirac ran for president in 1981 but was defeated by François Mitterrand
Edited sentence: By 1983, Mitterrand government was forced to change course because of economy being in trouble.Jacques Chirac ran for president in 1981 but was defeated by Mitterrand.Mitterrand had to share power with right-wing parliament and thus made Chirac his prime minister (Cohabitation).This latter socialist governement taxes, nationalized banks and institutions and generaly went on spending public money