Veronika Grimm assaults Merz: “The federal government is refusing to face reality” | EUROtoday
Employer President Rainer Dulger and economist Veronika Grimm are pushing for fast reforms for extra development. According to them, excessive taxes and forms endanger prosperity. Grimm warns: Without reforms, Germany will run out of cash in simply 4 years.
The employer president Rainer Dulger and the economist Veronika Grimm have urged the federal authorities to rapidly implement introduced structural reforms for extra financial development. “Currently almost everything is being rejected in a populist reflex with a view to the state elections,” stated Dulger, President of the Federal Association of German Employers’ Associations (BDA).
“This is damaging our country,” he added. Only extra work can create development and social safety, defined the employer president. “Everyone in the coalition must finally become aware of this.”
According to the BDA boss, Germany wants a powerful surcharge for extra work. “The state must give everyone more of their wages,” demanded Dulger. “The increase in net theft must finally come to an end.” Those who’re allowed to maintain extra of their cash additionally desire to go to work. “This requires tax cuts and lower social security contributions,” stated Dulger.
According to Dulger, politicians should additionally make sure that full-time work is worth it. “This also means a reform of the right to part-time work,” stated the BDA boss. The regulation from 2001 was outdated. A leaner state can be wanted. “Germany needs less bureaucracy and fewer bureaucrats,” demanded Dulger.
Economist Veronika Grimm from Nuremberg University of Technology stated: “Without reforms that limit the increase in government spending and trigger long-term growth, things will become unpleasant.”
By 2029, authorities income would solely be sufficient for protection, curiosity and social welfare. “Everything else then has to be financed through debt. By postponing reforms, the federal government is refusing to accept reality.” and so social spending and curiosity prices would then rise considerably once more.
AFP/jra
https://www.welt.de/wirtschaft/article6985a08aad1f115725ece4a6/veronika-grimm-attackiert-merz-bundesregierung-verweigert-sich-der-realitaet.html