Thomas Ramey Watson

Germany’s Economy Shows Government “Interference” Works

Can we compete with China’s wages? Does government interference and regulation hold us back

? Are our unions keeping us from being competitive

? Do we need to lower our standard of living in a race to the botto

m? You might be surprised to learn that Germany pays higher wages, h as strong unions, h

as much more government involvement and is doing better

as a result.

Conclusion: our wages, unions and government are not the problem,

they are

the solution.

Read article. We would do well to pay careful attention in the U.S.

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