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Germany on its way !?
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Germany on its way !?

2006/01/11

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Paradise is near, if you believe German government, who just met outside of Berlin to decide on their main issues for the upcoming years, and how to tacle them.

And one of the main reasons for Germanys rise to the Olymp is their big, generous spending spree of about 25 Billion EUR to support the economy. Applause, applause … is what they want. But, is it justified?

And even more so, as they are talking about 25 Billion … over 4 years, so actually just about 6 Billion per annum.

Let’s put that into perspective.

I just read, that in last November, German companies exported goods for about 70 Billion. As consumption within Germany is not really booming (wonder why!?), let’s ignore the size of the economy as a whole, some 2 Trillion EUR, but focus just on exports. Multiplying by 12, we get some 800 Billion EUR of exports, per year. And some 2.5 Trillion EUR in exports per 4 years … and here comes the new government and expects an economic boom because of their 25 Billion?????

Ok, if we add contributions of states and communes, we get the astounding number of 36 Billion. Wow, now I am impressed, indeed.

Or another angle. One of the main reasons for that initiative is to put more people into work. Ok, that is fine, but then … why make such a fuss … do they really believe, that with their 6 Billion, which is roughly one grand per unemployed per year, they can make a significant change?

Question: Did I miss something???

Is there some genius in that programme, that I could not detect, but that justifies hope, that it is good for something?
I mean, something other than votes?

What is your opinion?
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