Germany shows us why Republican policies will ALWAYS "fail".

[grunt11b]

Germany's Republicans are not like Americas, their republican party is further left than americas democrat party is. Bad example dean, you lose....again.

German conservatives oppose mass money printing and huge deficits to get out of a crisis. They passed a balanced budget constitutional amendment in 2009... when the german GDP was falling 5%. I don´t know how can anyone think they are on the left of the US democratic party

American conservatism is nothing like that of conservatism in other countries, the OP is trying to make them out to be the same, in which they are not. If you noticed, he is only referring to countries who have "Conservatives" in charge that have failed their countries.

 

[Flaylo]

Germany is a 5star country, even their conservatives have higher IQs than our "conservatives" in the Republican Party.

 

[Chris]

8 million jobs were lost in the Great Recession.

4.2 million PRIVATE SECTOR jobs have been created since the stimulus.

A lot of government jobs have been lost since 2009.

If these government jobs had not been lost, unemployment would be below 6%.

10,000 Americans a day are retiring, so there is going to be a labor shortage in a few years.

All these numbers add up to 8.2% unemployment.....a number that will continue to go down.

 

[The Rabbi]

8 million jobs were lost in the Great Recession.

4.2 million PRIVATE SECTOR jobs have been created since the stimulus.

A lot of government jobs have been lost since 2009.

If these government jobs had not been lost, unemployment would be below 6%.

10,000 Americans a day are retiring, so there is going to be a labor shortage in a few years.

All these numbers add up to 8.2% unemployment.....a number that will continue to go down.

Actually it's been going up.
Actually the labor force participation rate has been going down, accounting for much of the "improvement."
If we still had the same labor participation rate as when Obama got elected the UE rate would be over 10%.
Actually Obama's policies have been gross failures. He is the worst president since Baby Doc Duvalier.

 

[SniperFire]

You realize that the party that has run Germany for the last several years is not the SDP but the CDU/CSU conservative coalition? In other words, the German version of the Republican party has been in power since November of 2005.

Another rdean fail thread.

 

[Euroconservativ]

If core conservative principles include "don't spend the money you don't have", german conservatives are more conservative. The Fed buys 40% of government debt. The Bank of England buys 25-30% of government debt. Germans oppose this style of central banking. They will never allow the ECB to behave that way. This is a very important issue to understand what's going on.

 

[Franticfrank]

One of the reasons why Germany's economy is so successful is because of its location. Statistics from Germany will show you that they have easy access to markets all around them - UK, France, NL, Denmark, Czech Republic, Poland, etc. And they work hard, have good infrastructure and they are more financially responsible. The German people rarely use credit cards, focusing more on debit cards which is the perfect example of not spending money you don't have. And this is also reflected quite well in government financial policy.

 

[Euroconservativ]

Germany utterly rejects Fed-style monetary policies. They reject a central bank with a mandate to stimulate the economy, create jobs and save irresponsible debt-addict politicians. There are probably more admirers of Von Mises and Hayek in the german Bundesbank than in the US Republican Party.

It amazes me that a country (America) that is allowed to run 1 trillion budget deficits for 5 consecutive years (with little or no consequence at all) is still considered by many as the cradle of fiscal responsibility and conservatism.

Both moderate german political parties and general public favor austerity and structural reforms over spending and huge deficits as the right to way to get out of recessions. And they are imposing their will in most Europe.

I must remind that they have cut taxes and deregulated markets since the 1990s: top personal income tax from 53% in 1998 to 42%; corporate tax rate from 59% in 1995 to 29%; a strong labour reform that infuriated unions; Etc.

Right now the United States total spending as a share of GDP is 38% (federal, state and local). The German total spending is 42% of GDP. Considering that Germany has a national VAT of 19% collected at each stage of the economy; and that one third of revenue in the European Union comes from taxes on consumption (a half from labour taxes and only 16% from taxes on capital).

By the way, their Welfare is far from perfect. Health costs are out of control (12% of GDP and growing fast) because of low birth rates and an aging population. But they can still afford it.

Germany is a 5star country, even their conservatives have higher IQs than our "conservatives" in the Republican Party.

German conservatives would NEVER celebrate abortion as a "woman's right". They reject abortion beyond the 12th week. They oppose gay marriage. And they have consistently voted against legislation that favors federal funding for human embryonic stem cell research.

On the monetary and fiscal side, they are more conservative.

 

[bripat9643]

Germany has "no natural resources"? Is that a fact? What happened to their natural resources? They have no trees? no water? no air? no nutting? shit.

Germany has significant reserves of coal and iron ore.