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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Ann Corrigan who wrote (33407)7/6/2008 2:39:01 PM
From: Geoff Altman   of 224750
 
Through that entire article it appears to me that the author is showing an incorrect cause and effect. He also doesn't deal in the detail of how the causes are having the effects that he's contributing to them.

As the world's economy slows, millions of workers find themselves in precarious positions, debt crises erupt and food and fuel prices batter voters, it is the parties of the right that are very often bringing back government regulation of markets, welfare-state protections and more generous social policies.

In Germany, Ms. Merkel has surprised everyone by reversing many of the sharp welfare and social-spending cuts and reforms launched five years ago by Social Democratic chancellor Gerhard Schroeder. She has increased housing allowances, welfare payments and pensions.

And what has happened? Unemployment has fallen almost in half, and Germany has surpassed the U.S. and China as the world's leading exporter.

This makes absolutely no sense to me what-so-ever. IMO the author is making some kind of wild leap here implying that increased spending in welfare somehow created jobs for the unemployed while at the same time protectionism increased exports? Absolutely ludicrous. All those things would have just the opposite effect on the economy. You don't create employment by upping welfare payments....unless you've also increased staffing for social services offices but that's hardly going to help increase exports leaving the country.

I'm no economist but this article smacks of stupidity or worse, far left fuzzy thinking......
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