this post was submitted on 06 Jul 2023
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Europe

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[โ€“] albert180@feddit.de 12 points 2 years ago* (last edited 2 years ago) (1 children)

Linder is not a smart guy, he also cut the Research and Higher Education budget by half a billion...

[โ€“] federalreverse@feddit.de 8 points 2 years ago

The market will fix it, no doubt.

[โ€“] geissi@feddit.de 10 points 2 years ago

Neoliberals doing everything in their power to increase social and economic inequality.
More news at 11.

[โ€“] Muetzenman@feddit.de 10 points 2 years ago (1 children)

The fetish of the black zero.

[โ€“] letmesleep@feddit.de 8 points 2 years ago* (last edited 2 years ago) (1 children)

It's just silly. In business class you learn that you need to account for inflation when assessing the value of money. Even without economic growth 8% inflation mean that our country's debt shrinks by 8% if we don't pay back a single euro. That's about 200 billion euros of debt vaporized last year alone.

Not accounting for inflation with the debt brake (Schuldrenbremse) was an incredibly dumb decision.

[โ€“] Muetzenman@feddit.de 7 points 2 years ago

You learn that there are different kinds of dept aswell. Dept as investment isn't bad. And most importent: a country isn't a company. You can litterly print money! (Or at least the ECB) As long as the economy runs it doesn't matter.

[โ€“] theacharnian@lemmy.ca 2 points 2 years ago

I'm just mad that it isn't that shit Schauble paying the political cost for this.

[โ€“] nottheengineer@feddit.de -2 points 2 years ago (2 children)

The thing they should be focusing on is the incredible inefficiency of the government. There are no consequences for doing nothing all day in a government job.

Throwing out the people who don't work and hiring a few who do would save a lot of money.

But unfortunately it's one giant pile of nepotism, so that won't happen.

[โ€“] sonstwas@sh.itjust.works 2 points 2 years ago* (last edited 2 years ago)

The problem is even our politicians don't care about the tax payers money, i.e. https://www.dw.com/en/german-transport-minister-blasted-over-autobahn-toll-debacle/a-51773179

So the government workers in lower positions can't do much because the higher ups don't care...

[โ€“] WitzigerWaschbaer@feddit.de 2 points 2 years ago

What? No! Someone has to keep guarding the fax machine. Wo kommen wir denn dahin?

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