A Quote by Milton Friedman
Germany cannot get out of the euro. What it has to do, therefore, is make the economy more flexible - to eliminate the restrictions on prices, on wages and on employment; in short, the regulations that keep 10 percent of the German workforce unemployed.
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Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility.
You can't tell me you can make any system or country work with low wages and high prices, and high wages with high prices don't mean anything when the prices eat up the wages and don't leave anything over.
Nearly one billion women and men, a third of the world's workforce, are either unemployed or unable to earn enough to keep themselves out of extreme poverty. There are 100 million new entrants into the labour market each year. Up to 90 percent in some regions are in the informal economy. 180 million kids are engaged in the worst forms of child labour. Put it all together and it is not only morally unacceptable, but politically dangerous
If we want to make the most of half of our workforce, if we want to eliminate the gender pay gap and we want that same half of the workforce to succeed in jobs that boost our economy, we must make sure that teenage girls don't feel, and are certainly not told, that certain subjects are the preserve of men.
We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing. And we're not talking about banging tin in the back room. We're talking about high technology across the board, whether it's computer chips or cars or anything in between.
I can say to the German people that the United States has been good for Germany. Has looked out for Germany. Has provided security for Germany. Has helped rebuilt Germany. And unify Germany.
I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.
You have regulations on top of regulations, and new companies cannot form and old companies are going out of business. And you want to increase the regulations and make them even worse.
A four percent growth strategy means you fix a convoluted tax code. You get in and you change every aspect of regulations that are job killers. You get rid of Obamacare and replace it with something that doesn't suppress wages and kill jobs.
The larger the German body, the smaller the German bathing suit and the louder the German voice issuing German demands and German orders to everybody who doesn't speak German. For this, and several other reasons, Germany is known as 'the land where Israelis learned their manners'.
The ESM, the European Stability Mechanism, is not funded by Germany alone. Twenty-seven percent of the bailout package comes from Germany. Italy and France together cover a total of 38 percent. That's reality. It makes no sense to say that everyone wants to get at Germany's money.
Health insurance in Germany continues with no change if you lose a job. We do know very well that people who become unemployed are at an increased risk of becoming ill, and therefore becoming unemployed is about the worst time to lose health insurance. So therefore, everyone who loses a job remains in exactly the same insurance system he is in.
We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.
I don't know why anybody would come to Ireland chasing a dream or even employment - that's an extraordinary thing for a place where traditionally one was unemployed. For 10 years, people were coming from all over the world looking for employment here, kind of an extraordinary phenomenon. That's stopped now.
Teaching thinking for just five hours to unemployed youngsters increased employment 500 percent.
The Haavara agreement allowed the escape of well-to-do German Jews in exchange for the liquidation of their property and the purchase and export of German goods to break the boycott of Germany's Nazi-controlled economy.
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