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Germany focuses on cutting spending, avoiding tax increases
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07-05-2010, 12:09 PM
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fereupfer
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Oct 2005
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Germany’s economy is enjoying an industry-led growth spurt, with engineers rehiring workers and returning production almost to pre-crisis levels.
The stronger-than-expected growth and falls in unemployment were making it significantly easier for Germany to reduce its public sector deficit. We aren't there, yet. Our unemployment is still too high, we aren't experiencing stronger-than-expected growth. Get a grip, Regis. If Germany's cabinet told you to jump off a bridge, would you do that, too?
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