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Germany agrees 32 bln euro tax cuts to give economy 'big boost'
(www.reuters.com)
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Give cheap commercial debt to corpos in boom years, forgive their public debts in bust years. Call the whole thing “growth”. What could go wrong?
No, they actually do care about debt, but they decided to save money where Germany already has too little: social security for children and digitization.
Yeah that digitization part upsets me. Everything in Germany is done by snail mail and lots of businesses don’t accept card payments. The fastest internet I can get in the middle of the city is DSL with 100 MBit/s.
Germany is doing worse than most developing countries in this regard and few people here seem to bother.
I know you probably did not mean it like that, but it is funny that between cutting social security for children and digitisation it is the digitisation that upsets you.
Ha sorry, that was indeed poorly worded.
Just wanted to throw in that welfare is by far the biggest position in the German federal budget at 38% of total