Tuesday, June 15, 2010

Kate Nash Foundations Muisc Sheet

Does the government coalition in Berlin? Saving policy in response to the crisis and ongoing dispute arouse horrible memories of Weimar conditions


This is currently probably the most discussed in Germany, remains an open question.

The government coalition slips more and more against the state of government incompetence. Arguments as in kindergarten, all against all, a sometimes rude tone and diminishing consensus. This is the picture presented to the citizens of politicians they have transferred a few months ago with her voice The responsibility for Germany.

covers the first, but the fact that the government coalition from the outset at no recognizable concept in dealing with the financial and economic crisis and the solution to the problems related directly or indirectly had. be mentioned here are about the crisis of our social systems, high unemployment, persistent short time, the increasing number of low incomes, increasing poverty, the increasing level of division in society, the rise in insolvencies. In short, the question of how dynamic in our economy's economic development and sustainable growth are achieved, is politically still unanswered.

of all the joy that exists now, given the parlous state of the government coalition with the opposition parties should not be overlooked, secondly, that they also no consistent approaches to managing the crisis and the solution of the examples mentioned problems have to offer.

This is the picture that the public currently has cross-party from politics. More and more reminiscent of that image to the political situation and the political chaos of the late Weimar Republic, which failed at the task that deal with the high national debt and then financial market crisis and global economic issues involved.

the politicians do not seem to realize this.

The policy serves special interests, not realizing that this - as we have seen in the Weimar Republic - to Duration serious negative social and macroeconomic consequences should have. Even more turns to politics - just like in the late phase of the Weimar Republic and - more and more devoted to themselves, rather than wholly focused on solving the problems in the sense of well-being of society and the economy.

The so-called Growth Acceleration Act that was highly controversial, especially because of the tax relief for hoteliers, has not earned its name. That alone shows the resistance of the provinces, however, were not willing to give it and did it only when the chancellor them financial concessions made . If they were convinced been that the scheme really growth and ultimately results in higher tax revenues, it would give them the associated financial burdens or rather, the investment must be worth. Conversely, one has to ask why they have approved the acceleration of growth law if they had strong doubts about the growth effects. In the end, the impression has been that the country is ruled with the approach already failed policies, the money was the result of political haggling over the allocation of control.

With the new savings package of the Federal Government, it is similar. Sure, you can save. Once again, however, there is serious doubt whether this hodgepodge can be of saving anything else really turned for the better. Not only that it is socially unbalanced. No, much worse about this is that the government coalition that goes to the same solution path that followed the liberal economic Heinrich Brüning in the Weimar Republic. The historical experience with such Austeri-tätspolitik that believes in a health savings, as well as the experiences of developing countries, which ordered the International Monetary Fund in accordance with draconian saving concepts show that the problems are aggravated by membership. Exactly which is of realistic as well as to Greece, Portugal, Spain and any other country likely to that goes on these Brüning'schen course.

allowed all the controversy and all the excitement in politics because of what is essential not to lose sight of the fact that not only helps save, but it requires first and foremost, a coherent approach to economic development and growth. For this is the only reliable and reasonable for the public way.

It is not enough to adopt any measures and give them big names to associate with successful growth. You must also act. It is not enough, when Angela Merkel and Nicolas Sarkozy agree to seek an EU economic government, not as long as it is clear what they should do at all and can get back up to a dynamic economic development, growth and rising employment. It is unlikely that the Community of the 27 European states currently already in a position to provide the European level. It is possible yet not even on a national level. It also seems already to have been completely forgotten that with the financial market crisis, the economics even entered a severe crisis and relevant new answers to crisis management and prevention have remained to date guilty.

activism is on the existing economic and political gaps and weaknesses not blind. The actions according to the motto "When we lost the orientation redoubled our efforts," which is a common thread runs through the financial market and global economic crisis is responsible for not longer. It is not so, w rt on the financial markets long since high cook the same problems - if sometimes in a different guise (debt crisis) - and have the effect of the giant bank rescue and stimulus packages will soon fizzles . And not without reason, many experts have been warning for some time before the new bladder - a sequence of liquidity that central banks have pumped into the markets. The crisis is far from

over. It is an uncomfortable thought, but we only had breathing space and the starting point for the politicians has not improved:
  • Nothing has been taken forward really in the meantime, as the crisis in reality would be more harmless, or even long since checked, the motto: " Crisis! What crisis? "
  • The dearly bought time was wasted in the truest sense of the word - an unprecedented irresponsibility to add as the last but not the degrading of the bickering coalition government in Berlin come. can also be seen as the sign that the crisis and the resulting tasks are not taken seriously.
  • Public confidence in politicians has reached so a new, worrying low. More and more people feel unfairly treated, exploited, abandoned and derided. But it seems the politicians not to interfere. They deal as before - this impression - mainly with itself
around the time of experimentation and Herumlavierens, symbolic politics and pork-barrel politics is so well run out for good. Now we need real solutions here and they have functional kidney. You are entirely new, you need only raise, you get them not to touch, they do not fall like manna from heaven, and there is no "invisible hand" that it is directed to the politicians and for us.

This is the reality.

addition recommended articles:
- Column: Lucas Zeise - reason for pessimism (v. 21:07:10)


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