Wednesday, July 15, 2015

Germany’s Destructive Anger

by Jacob Soll

July 15, 2015

http://www.nytimes.com/2015/07/15/opinion/germanys-destructive-anger.html?comments#permid=15496663

There indeed is a strong current of resentment and anger against Greece in some circles in Germany - the AfD political party, which btw is in the process of self-destructing, is an expression of this anger. However, the majority of Germans, according to recent polling, and certainly the coalition government are in favor of helping Greece to stay in the Euro. 

As a counterpoint to the nonesense about "austerity for austerity's sake", read Steven Rattner's collumn in today's NYT.

And if Mr. Soll wants to use the sight of people going through garbage cans as a sign of economic mismanagement (I agree), I invite him to accompany me on my morning walks in downtown Seattle (which currently is quite well off, compared to other American cities), where that sight is so commonplace that one tends to ignore it, as one tends to ignore the people standing at virtually every major intersection with cardboard signs detailing their desparate straights.

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