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Even with those "cuts" the German wages are still 2 times over the "southern countries". Except if you mean to say that those in the South are less humans and
by batista 14y ago
Even with those "cuts" the German wages are still 2 times over the "southern countries".
Except if you mean to say that those in the South are less humans and do not deserve even half the wages and social welfare that Germans do --which Germany has historically said in a few occasions...
- Uchikoma 14y agoAgain, this is not what happened. e.g. see here http://www.voxeu.org/index.php?q=node/7536 http://www.voxeu.org/index.php?q=node/7536 Unit labor costs in Germany increased 5% (essentially was flat) from 2000 to 2011, Greece costs increased 40%, Spain 30%, Italy 30%. The graph very clearly explains why Germany has substantial economic growth. (Google "unit labor costs europe" for other sources)
- lispm 14y agorelative. How about absolute numbers?