German of the day: Luftschloss

That means a castle in the air.

You know, a pipe dream. Like Germany’s renewable “energy turnaround” pipe dream. Only now the money has stopped coming down the pipe. Reality always sticks up its ugly little head sooner or later.

Germany Plans to Cut Renewable Subsidies as State Costs Soar – Nation to cut all payments next year when prices turn negative.

Payments will also be based on investment rather than output.

“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”

– Henry Hazlitt

It’s in their blood

Not in their German blood. In their Leftist Brain blood.

Musk blasts German satirist over Trump assassination joke.

“Chancellor, what is this?” wrote Musk on X quoting a post by German climate change denier Naomi Seibt, in which she warns her followers about the German satirist Sebastian Hotz, also known as “El Hotzo”.

In his tweet, Musk questions why the German government employs Hotz, a claim made by right-wing Youtuber Naomi Seibt.

“I think it’s absolutely fantastic when fascists die.”

“The demand for fascists vastly outstrips the actual supply. The further fascism recedes into history the more self-proclaimed anti-fascists call people fascist who aren’t, a cost-free exercise bringing personal and political advantage.”

– Douglas Murray

And tax breaks for skilled German workers?

Out of the question.

Wir sind doch nicht blöd (we aren’t stupid). Somebody has to pay for this.

Germany debates tax breaks for skilled foreign workers – The German government wants to grant skilled foreign workers a tax rebate if they take up employment in Germany. But the idea has been met with resistance.

German of the day: Lahmlegen

That means to paralyze.

For example: Bauernproteste legen Städte und Autobahnen lahm means farmers’ protests paralyze cities and freeways.

The week of rage – What’s in store for us tomorrow?

Starting tomorrow, farmers all over Germany will be taking to the barricades to demonstrate against the government’s (subvention-cutting) policy. Expected are highway blockades, rallies, protest camps and rallies all over the country. The farmers’ association expects “tens of thousands of tractors” to take part.

Your can hardly get any customers to visit your restaurant now?

I know! We’ll increase the sales tax so nobody comes to your restaurant at all anymore.

No need to thank us. We’re from the government and we’re here to help.

German budget woes trigger disaster warnings for restaurants – Owners who oppose return to higher pre-pandemic VAT rate are dismissed as scaremongers by economists.

Kemal Üres, owner of a tapas bar in Hamburg, has spent the past year telling his social media followers that thousands of businesses like his will be destroyed by a planned tax increase.

The man who calls himself the “Gastroflüsterer”, or restaurant whisperer, is campaigning to make the pandemic-era cut in value added tax on restaurant meals permanent. Otherwise, the German government’s decision to raise VAT from the 7 per cent rate in place since 2020 back up to 19 per cent in January would lead to higher prices, job cuts and as many as 30,000 bankruptcies, he said.

Asking a government to “fund honestly?”

A government with Net Zero Honesty? Good luck with that.

The truth hurts too much.

Germany Faces the Green Fiscal Truth – The constitutional court rules Berlin will have to fund net zero honestly.

Things have gone from bad to worse in Germany this week after a court ruling that’s forcing the government to do something truly shocking: level with voters about how much the net-zero energy transition will cost. Please pass the smelling salts.

German of the day: La malignità

Actually, that’s Italian. Meaning Schadenfreude, which is German. Meaning schadenfreude in English. Meaning malicious glee, of course. It’s complicated.

Meloni’s Italy Tastes Schadenfreude Over German Fiscal Fiasco – Stable ratings for Rome contrast with Germany’s fiscal pickle.

“Germans make mistakes too,” says professor at Bocconi.

Italian Prime Minister Giorgia Meloni could be forgiven for feeling any schadenfreude this week while looking on at Germany’s unfolding budget debacle.

A string of fiscal wins for Rome has just coincided with a crisis rocking Chancellor Olaf Scholz’s coalition in Berlin after a calamitous court judgment cast doubt on its financing plans.

Po’ Folks

That face you make when you can’t spend as much of other people’s money as you’d planned.

German court deals 60 billion euro budget blow to Scholz government – The German government froze major spending pledges focused on green initiatives and industry support on Wednesday after a constitutional court ruling on unused pandemic emergency funds blew a 60 billion euro ($65 billion) hole in its finances.

The decision threw into disarray budget negotiations taking place this week within Chancellor Olaf Scholz’s three-way ruling coalition, whose popularity has slumped as Europe’s biggest economy teeters close to another recession.

What, me worry?

About work? I live in Germany.

I’ll just live off the state (i.e., taxpayers). Everybody’s doing it!

Germans question value of working after new welfare increases, survey shows – More than half of Germans believe work is not worthwhile after the government’s planned increase in welfare payments and child benefits, a survey showed on Tuesday.

The government said it was raising benefits, first introduced in 2005, to fight child poverty and help citizens cope with inflation, but added it did not want to deter people from work altogether.

Welfare payments, dubbed “citizens’ money”, for more than 5.5 million jobless in Germany will rise to 563 euros ($605.06)from 502 euros per month for single people from next year.

PS: What you may not be aware of is that those who receive welfare payments in Germany also get their rent, healthcare and other entitlements paid for in addition.

Step One: Do everything you can to make it difficult to build new housing…

Step two: Once rent prices explode due to step one, introduce a rent freeze to end the few meager building projects still in operation.

Go Social Democracy!

Germany’s ruling party plans to curb rent increases – SPD set to unveil measures to tackle soaring costs facing tenants, says senior lawmaker.

Germany’s ruling Social Democratic party is set to propose a three-year rent break across the country, as tenants struggle to cope with the soaring cost of housing in Europe’s largest economy.

“We need to create breathing room — we need a rent freeze for the next three years,” senior SPD lawmaker Verena Hubertz told Bild am Sonntag, adding that Chancellor Olaf Scholz would outline measures on Monday to tackle the country’s cost of living crisis.