The fetish of the black zero.
this post was submitted on 06 Jul 2023
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It's just silly. In business class you learn that you need to account for inflation when assessing the value of money. Even without economic growth 8% inflation mean that our country's debt shrinks by 8% if we don't pay back a single euro. That's about 200 billion euros of debt vaporized last year alone.
Not accounting for inflation with the debt brake (Schuldrenbremse) was an incredibly dumb decision.
The thing they should be focusing on is the incredible inefficiency of the government. There are no consequences for doing nothing all day in a government job.
Throwing out the people who don't work and hiring a few who do would save a lot of money.
But unfortunately it's one giant pile of nepotism, so that won't happen.