Friday, November 28, 2008

Schauble: Shall act as Keynes

In the CDU, the calls for a major response to the financial and economic crisis ever louder. Federal Interior Minister Wolfgang Schäuble and the CDU politician Friedrich Merz warned not with the force necessary for responding to the crisis. Schäuble told the Handelsblatt, it should be the goal of budgetary consolidation not give up, but now the CDU should "do something else at short notice." They belonged to help the economy and the consumption of the population to strengthen. "This should be the union no longer shut," urged the federal minister. "We need to rethink - even quite Keynesian."

Schäuble criticized hence the wait and see "attitude of Chancellor Angela Merkel. But it relied in its course, do not call after the quick tax cuts to be revealed. The medium was important, but currently it would be better on a short-term strengthening of demand must be set. The former economics expert of the Union, Friedrich Merz, contradicted Merkel and Schäuble line in the tax policy. Merz, the next year no longer a candidate for the Bundestag, but a panel of advisers Economics Minister Michael Glos (CSU) belongs, called for speedy tax cuts. "We have a crisis in some special problems, obtained by lowering the tax burden could solve," said Merz also the Handelsblatt. He stressed: "The chairman of the CDU should not be the last one in the world who come to the view that such a crisis also in the area of the tax burden will require a correction." Stefan Braun

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