Like American workers, German workers have not had much of an increase in wages recently. Therefore, they aren't spending much money and their economy is stagnant. Government bonds have been selling at a negative yield. That means the German government actually makes money when it borrows. But still the German government refuses to invest in badly needed infrastructure. Such an investment would stimulate an economy that badly needs it.
Fortunately, things are not quite that bad in the States. But the Republicans could make it so if they get the austerity they want.
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