No sanctions with subsidies (Part 3)

Yes, if we are still doing better, why should we save even more? Rightly points Marc Beise, business head of the Süddeutsche Zeitung, back in his video blog on the absurdity of this discussion. It is true that Germany will make 7.7 billion euros less new debt than expected. The result of decades of unsound financial management is a debt of 1.7 billion euros. Against this background, cannot seriously be questioned the consolidation course. Yet, where is the evidence that there is anything in this theory? Are exceptions to the rule, actually, and it would have been talking about differentiated. However, the “Keynesian” basic thesis is not proven. States with high levels of debt are to be found either at the top of the growth even in per capita GDP.