Germany's Thoughts On Economic Stimulation

By Clare Crowden


Here is something you might find fascinating in today. Germany is ready to implement plans to cut taxes to help stabilize its economy. This nation hopes to stimulate Europe's economy in this way, according to Chancellor Angela Merkel. Merkel also stated that Germany feels the economic crunch that hit Southern Europe recently.

She went on to say that her country felt it was their responsibility to do everything, including cutting taxes, to help stimulate the domestic economy. They have also set a goal of maintaining the domestic demand for goods imported from other countries in the euro zone.

Just last May the parliament of Germany refused to approve plans to reduce taxes by 6 billion euros. The opposition thought it would not be in the nation's best interest to do so at a time when they were trying to balance the nation's budget.

For the more conservative minded individual, cutting taxes to stimulate growth just makes sense. Not everyone agrees though. There is a school of thought that economic stimulus can only take place when more money is spent. Someone should tell them to try that with their own budgets.

Small business news: spending more money to grow a business when it is struggling just does not make sense. Creating more cash flow problems is not the answer to a stable economy.

Yes, sometimes it is a step in the right direction to make small business news investments for growth, but overspending is not the answer when the budget is falling apart.

It is never the right thing to do to jeopardize a country's security, no matter what country we are talking about. Sometimes, treason is the thought behind making decisions that negatively affect one's country.

One might expect that Europe would be the last place taxes would be cut, since most people think of it as a liberal part of the world. Nevertheless, there is something that can be learned from history when people just listen.

Due to the economic crisis of recent years, Europe has taken a hard hit. Other nations have determined that providing entitlements may not be best for all the people. With the knowledge gained from Europe's experience, maybe other nations should take a page out of their book.

Taking the pride away from the people, and giving them a handout mentality in its place, will only spell disaster for any country. When greater numbers of people are not working, are we not reducing the funds that are used for entitlements? By cursing at the wealthy because of their tenacity to make money, we are causing further societal decay.

What is a nation to do when they find themselves in this situation? Take a look at potential leaders and only hire those who have a higher calling than political fame.




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