Germany's green socialists ignite fireworks with an epoch-making tax cut \ stacker news ~econ

Germany's green socialists ignite fireworks with an epoch-making tax cut

437 sats \ 8 comments \ @TomK 1 Mar econ

The green-socialist federal government in Germany will relieve the economy by 7 billion euros. Wow! That corresponds to around 0.2% of Germany's gross domestic product. So expect the German economy to explode in the coming months, create hundreds of thousands of new jobs, invest like crazy and the eurozone to embark on a renaissance of prosperity.

https://www.bloomberg.com/news/articles/2024-03-01/germany-preparing-7-billion-tax-package-to-spur-sluggish-growth?cmpid%3D=socialflow-twitter-markets&utm_source=twitter&utm_content=markets&utm_campaign=socialflow-organic&utm_medium=social

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21 sats \ 1 reply \ @orange_crush 6 Mar

But how will they build the roads?

0 sats \ 0 replies \ @TomK OP 6 Mar

Lol

21 sats \ 0 replies \ @Signal312 2 Mar

Finally archive.vn works - here's the un-paywalled version:

https://archive.vn/cIOWi

21 sats \ 0 replies \ @SpaceHodler 1 Mar

21 sats \ 1 reply \ @Signal312 1 Mar

Hmm, I was going to try to provide an un-paywalled version of the bloomberg article, but it looks like archive.vn and archive.is aren't available.

What are other ways to do this?

1 sat \ 0 replies \ @TomK OP 1 Mar

This morning I had problems with 'archive.is' too

21 sats \ 1 reply \ @Undisciplined 1 Mar

Still, that couldn't have been easy for them. Baby steps

32 sats \ 0 replies \ @TomK OP 1 Mar

They are growing the debt by 2,2% this year. Or more than 80bio. euros. They have hiked taxes by billions of euros. This really is a joke. And the trash media in this shithole is celebrating it. I need a drink!