British Conservatives Lowered Inflation Ahead of Goals, so They Are Giving Tax Cuts to Citizens – German Liberals Dug a Hole in the Budget, so They Are Ditching the ‘Debt Brake’ in a Panic
British give tax cuts, German prepare a huge increase in the budget deficit.
Taken side by side, the situation in the UK and Germany are very illuminating of the current moment in Western Europe.
In many ways, the two countries face similar problems, like rampant immigration and low economic growth.
The two government are trailing in the polls, assailed by frontrunners in the opposition – the UK Labour leftists, and the German conservatives Christian Democracy and AfD.
But the fundamental difference we see now between the two countries in their responses to these crises lies in their economic preparedness.
In the UK we notice that even when globalists, the conservatives tend do the economic homework.
