Germany needs an economic turnaround
The FDP has caused turbulence in the coalition with its paper on the economic turnaround. The outraged reactions from the SPD ranged from „error“ to „nonsense“ to more moderate words from the economically-oriented Seeheimer Kreis. The Green coalition partner was more relaxed and – like the Seeheimer Kreis – referred to the upcoming party conference of the Liberals.
In view of the weak survey results of the coalition parties, each of the three is currently focusing on its own electorate. It is true that a party conference, such as the one the FDP is holding this weekend, serves to reassure its own camp. In a coalition, party positions always have to be compromised. This is part of the laws of democracy.
Ideas neither surprising nor far-fetched
Moreover, the FDP's ideas are neither surprising nor far-fetched. The overwhelming majority of economists are advising similar things to convalesce the economy and improve the framework conditions for Germany as a business location. Federal Finance Minister and FDP party leader Christian Lindner has been preaching exactly this for some time.
Tax cuts through the abolition of the solidarity surcharge and depreciation relief will help companies. Reducing bureaucracy by suspending the national supply chain law and a regular review of bureaucracy reduction will free up resources so that companies can concentrate on their actual purpose – their business. Retirement at 63 is not affordable. That is a truism. A three-year moratorium on social benefits would at least force a review of spending. The average German had to work a full month this year just to earn the social benefits.
Politics is there for the people
The government needs to be less concerned with itself than with the situation in Germany. Politics is there for the people. It should ensure prosperity. At the start of the Hannover Messe, industry gave vent to its dissatisfaction and spoke out clearly. The measures taken by the German government are not enough to stop the decline in industrial production. German companies are increasingly investing abroad. Shortly before the Banking Day 2024, the banking industry also warned of too little investment in Germany and called for better conditions to mobilize private capital. Anyone who doesn't like the FDP should be listening to the economy. The economic turnaround must come.
