It isn't even the German government's fault. It's the fact that they were using a Covid budget to pay for those programs because they are struggling to pass any

It isn't even the German government's fault. It's the fact that they were using a Covid budget to pay for those programs because they are struggling to pass any new investment budgets in the parliament. The current German government is having difficulties raising money, despite Germany having a low debt-to-GDP ratio, because the coalition is up against CDU's (former chancellor Merkel's party) and other more conservative parties, they don't want to let the new coalition do anything. Germany is going into a deadlock because of that political fight, and extreme right-wing parties are growing everyday, as Germany drowns into a recession with an industry that needs those incentives badly, in order to compete with Tesla and Chinese carmakers. If you want to see what destruction of value is, just watch CDU sink Germany.