$$ NYT: Germany Cruises Through Crisis With Growth and Plenty of Jobs
Source: New York Times via
While other European countries endure harsh spending cuts and tax increases, Germany’s finances are so strong that politicians are considering a huge tax cut. With strong unions and stringent workplace protections, unemployment was 7% in July, compared with 9.1% in the U.S. German policymakers worry about running out of workers, not jobs.

While other European countries endure harsh spending cuts and tax increases, Germany’s finances are so strong that politicians are considering a huge tax cut. With strong unions and stringent workplace protections, unemployment was 7% in July, compared with 9.1% in the U.S. German policymakers worry about running out of workers, not jobs.