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Regierung zieht "Siebenmeilenstiefel" an - Wirtschaft wächst weiter - N24.deThe [German] government dons "seven league boots" - the economy continues to grow - N24.de
Die Bundesregierung hat ihre Wachstumsprognose für das laufende Jahr von 1,8 auf 2,3 Prozent kräftig erhöht. Deutschland sei mit "sensationellen Zahlen" in Europa am besten durch die Krise gekommen, sagte Bundeswirtschaftsminister Rainer Brüderle (FDP) bei der Vorlage des Jahreswirtschaftsberichts. "Wir gehen mit Siebenmeilenstiefeln voran, manch andere trotten im Gänsemarsch hinterher."The German federal Government raised its growth forecast for te current year from 1.8% to 2.3%. At the presentation of the yearly economic report the economy minister Rainer Brüderle (FDP) said Germany has come out of the crisis best among European countries, with "sensational figures". "We're going forth in seven-league boots, while the others trot behind us in single file".

Interesting German cognate here, "goose step"...

Anyway, "sensational figures" include: exports down 6.5%; disposable income up 3.4%; unemployment down from 7.7% to 7%, below 3 million; deficit forecast of 2.5% below the GSP's 3% threshold.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman

by Migeru (migeru at eurotrib dot com) on Wed Jan 19th, 2011 at 11:18:12 AM EST
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