Wednesday, September 01, 2010

WHAT THE WINGERS WON'T TELL YOU ABOUT GERMANY

They are currently pointing to Germany as an economic model for the US because the rubes don't know that Germany has a much larger welfare state than the U.S.:
A generous social welfare system provides for universal medical care, unemployment compensation, and other social needs.

[SNIP]

Reforms launched by the government of Chancellor Gerhard Schroeder (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment, which in 2008 reached a new post-reunification low of 7.8%. These advances, as well as a government-subsidized, reduced working hour scheme, helped account for the relatively modest increase in unemployment during Germany's 2008-2009 recession--the deepest since World War II.

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