European Tribune - Comments - Reform does not work

Reform does not work | 24 comments (24 topical, editorial, 0 hidden)

Re: Reform does not work (none / 0)

The reforms do work because

last month's unemployment fell by a record number of 300.000 persons,
companies have begun to invest in record numbers in new production lines and other hardware to overcome the backlog of delayed projects of the last three years (which were meant to harm the Schröder government),
for the first time since the late 80s wages for the (trend - or milestone setting) IG Metall workers (automotive, electrical engineering, machine constructing, etc. sector) went up in real terms and national income contracts were set over the current annual inflation rate,
consumers are engaged in a spending frenzy unseen since the months of German unification in 1990,
companies' order books for the exports of goods and services are full for the next two years, the rate of anticipated increased exports is going to break the record sales of the last 6 months,
consumers are happy because they expect Germany to win the Football World Cup.

"The USA appears destined by fate to plague America with misery in the name of liberty." Simon Bolivar, Caracas, 1819

by Ritter on Wed May 31st, 2006 at 02:38:48 PM EST

Re: Reform does not work (none / 0)

That's all as a result of the reforms so far.

by Colman (colman at eurotrib.com) on Wed May 31st, 2006 at 03:11:44 PM EST
[ Parent ]

Reform does not work | 24 comments (24 topical, 0 editorial, 0 hidden)

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