Hillary Clinton: The US Should Emulate Socialist Germany and Pay Companies to Keep On Unneeded Workers

Jawohl.

Speaking about job creation at the Center for American Progress in Washington, Clinton said the United States should look to comparable foreign economies for examples of how to create and keep jobs. She said Berlin’s model for dealing with job retention during downturns is one Washington should explore.

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She was referring Germany’s "Kurzarbeit," or short-work, policy, one that Germans are enthusiastically proud of. It allows companies to reduce workers' hours with the government picking up the tab for the lost time.

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One expert familiar with Germany's plan says that like all socialist measures it chiefly creates more poverty. No new jobs are added; several employees simply do the job that was once done by a single employee.

Wages ultimately reflect this reality.

"Then what you're doing is basically just sharing the work," Lachman told Foreign Policy. You’re not creating jobs, you're just keeping unemployment down ---while increasing the the number of people at the bottom."

posted by Ace at 05:34 PM

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