Why Is Germany Doing It So Well?

Discussion in 'Europe' started by Political Junky, Jun 3, 2011.

  1. Political Junky
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    Political Junky Gold Member

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  2. Svante
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    Svante cybernetic organism

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    Germany will b e better when they get rid o f euro and go back to DMark.
     
  3. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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  4. Political Junky
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    Political Junky Gold Member

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  5. Political Junky
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    Political Junky Gold Member

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    The title was not will it work, but that it is working.
     
  6. GHook93
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    GHook93 Aristotle

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    Germany had a HIGH employment rate 12-13% when the socialist where in power. Then conservative Merkel came in and her first initiative was to lower taxes and cut spending! What was the result, lower unemployment 7%!

    Germany Unemployment rate - Economy
     
  7. Polk
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    Merkel came to power in 2005. The decline in unemployment doesn't occur until 2007. She governed in coalition with the SDP from 2005 to 2009, so she required their votes to pass her policies. And her efforts were a continuation of the SDP's Agenda 2010. That policy was unpopular with left-wing voters, which is why the SDP has been hammered from the left in the last two elections (the big winner of the 2005 election was the reformed East German communists, who picked up about 50 seats and 2009 was a banner year for both The Left and the Greens).
     
  8. mudwhistle
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    mudwhistle Diamond Member

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    If you live there you'd understand why things work in Germany.

    If I have to leave this country I'd move there and brush up on my Deutsch.
     
  9. Trajan
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    Trajan conscientia mille testes

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    and your point is what again?

    oh and they also reduced their corp tax rate(s) (08)and tinkered with the VAT ( upwards) yet have an exempted 7% rate too, and fixed assets also went to a straight line calc for all bought after 08(?) I think. They appear to have weathered the storm so far pretty darn well.
     
  10. Polk
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    Polk Classic

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    That it's misleading to claim the Germans weathered the storm well because of Merkel. She deserves credit for being a good captain of the ship, but there isn't any reason to believe she's better than Schröder would have been.
     

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