Quote:
Originally Posted by tony286
All very true but also germany has very very strong unions, in america the gov could never say to companies dont lay anyone off just cut back they hours and we will make up the difference. So then when things came back germany did fine. Because millions of jobs werent dumped.
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not 100% true - the main cause in the recent recession in 2008 was that companies, the government, the unions and the workers cooperated and companies for example got help from the government which took over part of the wages for a limited time
it was not that pressure was involved, more like "how do we do that alltogether". the result is the lowest unemployement since more than 20 years now
what also helped was that at that time both big parties were in a coalition and therefore forced to work things out together - not against each other