Teutonic Blunder

Forbes, Steve
October 2006
Forbes Asia;10/16/2006, Vol. 2 Issue 17, p15
The author discusses the reasons for the serious setback suffered by German Chancellor Angela Merkel and her party, the Christian Democratic Union, in the regional elections in Germany in 2006. Merkel claims that the small reforms in pensions, health and welfare that she and her coalition partner, the Social Democratic Party, have undertaken were unpopular. The author, however, argues that it was not the small reforms that did her in but the massive tax increase she pushed through.


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