Schröder pelasti Saksan

Katainen taas tuhoaa Suomen.

http://online.wsj.com/article/SB10001424052702304141204577508530981893226.html?mod=WSJ_Opinion_LEADTop

"The result was a radical reshaping of the German welfare state. To reduce labor costs, Agenda 2010 merged social-welfare benefits with benefits for the long-term unemployed, paring down the total amount and availability of assistance. Employers' health-insurance costs were trimmed back. Planned income and corporate tax cuts were accelerated: The top personal income tax rate was lowered to 42% from 48.5% and the bottom rate went down to 15% from 19.9%. The corporate tax rate dropped to 19% from 25%.

In the labor market, Mr. Schröder made firing easier with the expectation that hiring would consequently become easier, too. Rules protecting employees against dismissals "for economic reasons" were loosened. Measures were introduced to help employers avoid lawsuits from laid-off workers seeking re-employment. To spur job-seeking among the unemployed, Agenda 2010 cut jobless benefits and strengthened financial sanctions against those who were able but unwilling to accept work.

"And now the results speak for themselves," Mr. Schröder says. "For a long time we were the sick man of Europe. Now we are the healthy Frau of Europe." With German unemployment at 6.8%, nearly the lowest level since reunification in 1990, it's hard to disagree. German GDP growth has so far kept the euro zone from falling into another recession this year."

Ei suostunut EU:n mallioppilaaksi!!!!!

-------------------------

"He points to his own experience with Agenda 2010. In 2003, just as his reforms were beginning to be implemented, the European Commission deemed Germany and France to be in violation of the EU's deficit and debt ceilings. Mr. Schröder's finance minister at the time, Hans Eichel, proposed €20 billion (around $24 billion then) of additional spending cuts to put Germany in compliance with EU law.

Mr. Schröder refused. "I said, 'Hans, that won't work. We can't push through these reforms, for which we need to devote all our power and take every risk, and also save €20 billion on top of that.'"
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ja me maksamme kirjoitti:

Katainen taas tuhoaa Suomen.

http://online.wsj.com/article/SB10001424052702304141204577508530981893226.html?mod=WSJ_Opinion_LEADTop

"The result was a radical reshaping of the German welfare state. To reduce labor costs, Agenda 2010 merged social-welfare benefits with benefits for the long-term unemployed, paring down the total amount and availability of assistance. Employers' health-insurance costs were trimmed back. Planned income and corporate tax cuts were accelerated: The top personal income tax rate was lowered to 42% from 48.5% and the bottom rate went down to 15% from 19.9%. The corporate tax rate dropped to 19% from 25%.

In the labor market, Mr. Schröder made firing easier with the expectation that hiring would consequently become easier, too. Rules protecting employees against dismissals "for economic reasons" were loosened. Measures were introduced to help employers avoid lawsuits from laid-off workers seeking re-employment. To spur job-seeking among the unemployed, Agenda 2010 cut jobless benefits and strengthened financial sanctions against those who were able but unwilling to accept work.

"And now the results speak for themselves," Mr. Schröder says. "For a long time we were the sick man of Europe. Now we are the healthy Frau of Europe." With German unemployment at 6.8%, nearly the lowest level since reunification in 1990, it's hard to disagree. German GDP growth has so far kept the euro zone from falling into another recession this year."

Ei suostunut EU:n mallioppilaaksi!!!!!

-------------------------

"He points to his own experience with Agenda 2010. In 2003, just as his reforms were beginning to be implemented, the European Commission deemed Germany and France to be in violation of the EU's deficit and debt ceilings. Mr. Schröder's finance minister at the time, Hans Eichel, proposed €20 billion (around $24 billion then) of additional spending cuts to put Germany in compliance with EU law.

Mr. Schröder refused. "I said, 'Hans, that won't work. We can't push through these reforms, for which we need to devote all our power and take every risk, and also save €20 billion on top of that.'"

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