Opinions can differ about the leeway a debt rule allows.
(Photo: Reuters)
If there’s anything like a scapegoat in this country’s economic and political debate, it’s the debt brake. For supporters of higher debt, the debt rule enshrined in the constitution is the source of all evil.
It is undemocratic, an investment brake, and has been for a long time. And now, in the dark hours before an impending winter economic crash, it is of course once again the debt brake that is preventing politicians from reacting decisively enough to the crisis.
That’s why the debt rule must be suspended immediately for next year, echoes come from the left and from the federal states, which have a genuine interest in the federal government once again being the sole saviour.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue