Hacker News new | past | comments | ask | show | jobs | submit login

> it didn't have the promised effect of increasing wages of living standards... they ran out of poor Germans

So which one is it? According to you Agenda 2010 helped Germany to run out of poor Germans. And you are right -- from the introduction of Hartz IV, German unemployment permanently fell by over 6% -- despite the mass immigration that you are complaining about.

The rich getting richer in the zero-interest-rate decade is a global phenomenon - unemployment declining by these truly immense amounts very much isn't.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: