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Betting on an Upswing in 2010: Germany's Massive Job-Saving Program Could Still Fail - SPIEGEL ONLINE - News - International
Germany's short-time working program has helped prevent massive unemployment during the current recession. Although the model has been admired internationally, its biggest test is still ahead. The hugely expensive scheme is a risky bet that the economy will turn around in 2010.


The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Sun Jan 3rd, 2010 at 03:02:10 PM EST
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What, because with all those people unemployed and on the street, the recession would have ended a lot earlier?
by Zwackus on Sun Jan 3rd, 2010 at 08:40:26 PM EST
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