diamat@lemmy.ml to Europe@feddit.deEnglish · 8 months agoThe region at the heart of Germany’s economic stagnationwww.ft.comexternal-linkmessage-square23fedilinkarrow-up130arrow-down12file-text
arrow-up128arrow-down1external-linkThe region at the heart of Germany’s economic stagnationwww.ft.comdiamat@lemmy.ml to Europe@feddit.deEnglish · 8 months agomessage-square23fedilinkfile-text
minus-squaregeissi@feddit.delinkfedilinkEnglisharrow-up1·8 months agoYes cutting government spending during a recession is dumb but also don’t forget the decades of stagnating wages to remain “internationally competitive”. Can’t have much domestic demand if you don’t have domestic buying power.
Yes cutting government spending during a recession is dumb but also don’t forget the decades of stagnating wages to remain “internationally competitive”.
Can’t have much domestic demand if you don’t have domestic buying power.