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Two words: Hartz IV.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Carrie (migeru at eurotrib dot com) on Sun Feb 6th, 2011 at 03:33:16 PM EST
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That was pre-crisis. If we agree we are talking about a economic crisis starting in 2008 or late 2007. One word:
Kurzarbeit.
by IM on Sun Feb 6th, 2011 at 03:49:52 PM EST
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