As German Chancellor Friedrich Merz prepares for his first visit to the White House Thursday, investors are backing him to lead an economic resurgence, driven by a …
Because it will flow in the rest of the economy that’s been ran on soft austerity for a long time. Into steelworkers, machinists, technology, etc. It’s how the US does a lot of its public investment. It’s not ideal, but it’s better than not doing any significant investment. I’d prefer a different approach if given the choice but this is likely to have some positive effects on German workers.
But then they would cut supports for workers on the other end so… 🪦
Solid response! I figured it’d be something to do with innovations or similar, but wasn’t sure. Thanks 😊 and yeah, rough that ultimately they’re supporting cuts.
Because it will flow in the rest of the economy that’s been ran on soft austerity for a long time. Into steelworkers, machinists, technology, etc. It’s how the US does a lot of its public investment. It’s not ideal, but it’s better than not doing any significant investment. I’d prefer a different approach if given the choice but this is likely to have some positive effects on German workers.
But then they would cut supports for workers on the other end so… 🪦
Solid response! I figured it’d be something to do with innovations or similar, but wasn’t sure. Thanks 😊 and yeah, rough that ultimately they’re supporting cuts.
Well, innovation comes from workers doing various types of work, so innovation might occur too. 😂