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pampango

(24,692 posts)

7. What is Germany''s industrial policy?

Reply to Pretzel_Warrior (Reply #2)

Wed Feb 19, 2014, 03:03 PM

Feb 2014

... as the manufacturing power house of EU and a net exporter, Germany is in an entirely different economic situation than the US.

Agreed. Germany is an manufacturing power house and does it with strong unions, high wages and a disproportionately high level of trade - all of which certainly represent an "entirely different economic situation then the US" has.

Not to mention differences in tax policy.

Much higher and more progressive taxes than in the US. Is that what you were referring to?

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Do American auto workers have an inferiority complex? VW workers get paid $67 an hour in Germany [View all] pampango Feb 2014 OP

Its difficult to compare the two countries dipsydoodle Feb 2014 #1

Not just that--completely different industrial policy Pretzel_Warrior Feb 2014 #2

What is Germany''s industrial policy? pampango Feb 2014 #7

Yes. Those are what I'm referring to. Pretzel_Warrior Feb 2014 #10

Agreed. pampango Feb 2014 #12

They also have no minimum wage. They have something MUCH better. Xithras Feb 2014 #16

One site estimate Germany's cost-of-living at about 15% higher than the US'. pampango Feb 2014 #4

That was just a illustration regarding differences in costs of living. dipsydoodle Feb 2014 #6

For the se reason nadinbrzezinski Feb 2014 #8

Last time I was in the US, dipsydoodle Feb 2014 #11

I agree, it is really cheap nadinbrzezinski Feb 2014 #14

Yep, you have to index it to something in order to really compare it. Xithras Feb 2014 #13

I wonder if these idiots who voted no Politicalboi Feb 2014 #3

I used to work for an internet company arikara Feb 2014 #5

The world is watching as brainwashed American workers hand their future... polichick Feb 2014 #9

Your stats are off. former9thward Feb 2014 #15

They are not my stats. They're from the Guardian. I said in my post that figure did not look right. pampango Feb 2014 #17