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trickle up economics

don

Well-known member
seems to be having some good effect over there.

http://www.theglobeandmail.com/news/world/broken-europe/the-maintenance-of-hope-germanys-secret-to-recovery/article1659177/
 

hypocritexposer

Well-known member
In a system known as kurzarbeit, or “short-time work,” the German government pays up to two-thirds of the salary of employees who would otherwise be laid off, as long as they remain employed. The employer is expected to cover any hours actually worked and to keep up their pension and benefit payments.

I think something like this was mentioned when the US was looking at the Stimulus, by members here.

Not the same as what Canada did, but we did concentrate on manufacturing with our "stimulus"

there was too much "pork" and temp. jobs in the US plan, in my opinion. Not enough emphasis on creating new jobs or expanding industries. obama said that "green jobs" were to be created, but once again those jobs were in the service side of that industry, not the manufacturing. One example would be the Wind Turbines that they purchased from offshore. So all that was created was installation and service jobs.
 

Steve

Well-known member
we have a road and transportation system in need of a trillion dollars in repairs and upgrades...

and all congress could fund was a few billion... .all the while stuffing the bill full of pork... and political payoffs..
 

hypocritexposer

Well-known member
Steve said:
we have a road and transportation system in need of a trillion dollars in repairs and upgrades...

and all congress could fund was a few billion... .all the while stuffing the bill full of pork... and political payoffs..

You mean the $71,000 they spent for a study on the effects of cocaine on monkeys didn't create many jobs?
 

Mike

Well-known member
Big difference in the Germany model and the U.S. model.

The Germans are giving money to the private sector and letting them take it as far as it will go..and the U.S. mode is to have the gov't send money directly to the citizens.

It's all a plan to create a dependency on Washington.......The first sign of "Socialism".

Another difference is that Germany is not printing as much fake money as the U.S. is and is not in as much debt per capita.
 
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