the corner office

a blog, by Colin Pretorius

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# Angela Merkel for president

I do not think that Germany should be too heartbroken about not getting the nod to join the Brown/Darling muppet show:

The fact that Angela Merkel, leader of Europe's largest economy, was not invited to yesterday's European summit in Downing Street speaks volumes about the federal republic's hostility to the current vogue for Keynesian solutions, and the friction within the EU.

Last Friday Mrs Merkel said Germany would not "join in a multibillion race simply to create the impression we have done something".

Germany's prudence is not a bad thing, regardless of the politics behind whatever positions they're taking. Just because big business is excited about stimulus plans doesn't make these plans a good thing, it just means big business is very excited at the prospect of boosted profits at the taxpayers' expense.

File under: politiek : {2008.12.09 - 15:39}

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