Some Truths about Austerity Measures Neoliberal Politicians Sure Won’t Mention in Their Egotistical Discourses

The New York Times: David Stuckler and Sanjay Basu (5/12/2013): “How Austerity Kills

The Guardian: Jon Henley (5/15/2013): ‘Recessions can hurt, but austerity kills’

CNN: David Stuckler and Sanjay Basu (9/9/2013): “Europe’s public health disaster: How austerity kills

Oxford Today (4/10/2013): Interview with Dr. David Stuckler

Times Higher Education (Book Review): Kitty Stewart (8/22/2013): “The Body Economic: Why Austerity Kills, by David Stuckler and Sanjay Basu

David Stuckler and Sanjay Basu mention in their articles that the German neoliberals (Angela Merkel) did themselves in 2009 no austerity measures in Germany during this year of heavy worldwide economic depression (Financial crisis of 2007–08).

And in fact they didn’t. I know and remember that very well, because I’m a German myself.

Instead of any austerity measures the German neoliberals made a stimulus package (Konjunkturpaket II).

One of the key elements of that stimulus package (Konjunkturpaket II) was called in Germany the “Abwrackprämie” or “Umweltprämie” (in English: “scrap bonus”) offering a substantial financial aid (around 2500 euros or 3200 dollars) in order to incentivize the German citizens to buy a new car. And this so called “Abwrackprämie” or “Umweltprämie” was very successful.

See for this in Wikipedia (in German): Umweltprämie

See also in The Daily Telegraph (2/27/2009): “German ‘scrapping bonus’ is a boost for car sales

See also in Bloomberg Businessweek (2/27/2009): “Germany Renews Popular Car-Scrap Plan

See also in Spiegel Online International (1/29/2009): “Stimulus Program Success: ‘Scrapping Bonus’ Injects Life into German Car Sales

See also in the Financial Times (4/3/2009): “Scrap bonus scheme gets German show on the road

See for this also in the The Wallstreet Journal (2/28/2009): “Germany’s ‘Scrap’ Bonus Fuels Car Sales

The German neoliberals (Angela Merkel) are preaching water and drinking wine.

Creative Commons Lizenzvertrag Some Truths about Austerity Measures Neoliberal Politicians Sure Won’t Mention in Their Egotistical Discourses Klaus Gauger steht unter einer Creative Commons Namensnennung-NichtKommerziell-KeineBearbeitung 3.0 Unported Lizenz

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s