Friday, June 24, 2011

Sprechen sie deustche?

A while back I read this piece by Jared Bernstein on improving the economy and though there weren't a lot of really new ideas, his initial premise on fixing the economy "First do no harm" (from the Hippocratic Oath) struck me as a novel prescription (so to speak).  And a premise that all too often, our own leaders ignore.

But not the Germans--I've read of their success, even through the downturn, with their own economy but this piece by Harold Meyerson explains it in a manner more for people like me whose eyes glaze over at the sight of the first economics pie chart.  In a nutshell:  the concerns of the working class are given equal weight as those of them that has the gold.  Important note:  in Germany, the rate of pay for the middle class has risen at roughly the same rate as those of the wealthy.  Imagine that!

Here's the thing:  when leaders look out for all and not for the few, things work out much better for the nation.  It's not socialism.  It's good sense.

Peace,
emaycee

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