OK, it’s not exactly socialism, nor is it fair to pass judgment based one one single snapshot in time. But today’s FAZ brings the news that the unemployment rate here sank 0.4% last month, to 7.2%. The number of unemployed in Germany, just over 3 million, is the lowest since 1993.
Meanwhile, according to the Bureau of Labor Statistics’ last (August) report, unemployment in the U.S. is 9.6%, and no one’s expecting it to drop below 8% anytime soon.
So at least at this one moment in time, Germany’s tax-hiking, job-killing, freedom-hating pseudo-socialism isn’t looking so bad.