Government statement - Söder: Traffic light policy at federal level is damaging the economy in Bavaria
According to Minister President Markus Söder, the federal government's policies are damaging the economy in Bavaria. "If Bavaria were alone, I wouldn't worry about the economy. But we are in Germany and are suffering from the poor conditions of our nation as a business location," said the CSU politician on Tuesday in his first government statement of the new legislative period in the state parliament. The problems were home-made and caused by the traffic light system. "While other countries are experiencing strong economic growth despite the crisis, Germany is clearly falling behind. We need a different economic policy."
The belief that only government debt can strengthen the economy is a fallacy, said Söder. Germany is not a "country of state dirigisme or state capitalism, but of innovative SMEs". There is less need for over-subsidized individual projects such as chip factories, but rather support across the board: lower taxes, lower energy prices, less bureaucracy and a sensible welfare state. "That works."
The traffic light government in the federal government is going in exactly the opposite direction and is ensuring higher taxes, higher energy prices and an escalating citizens' income. "The whole economy is paralyzing, from corporations to small and medium-sized enterprises," said Söder. "State subsidies and faith in the state alone won't help. We reject this new form of green socialism."
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- Despite the economic challenges faced by Bavaria, which is a Free State in Germany, its Minister President, Markus Söder, is a member of the CSU party and believes that the traffic light policy implemented at the federal level is detrimental to the region's economy.
- In his first government declaration of the new legislative period, Söder criticized the policies of the Federal Government, mentioning that other countries are experiencing growth despite the crisis, while Germany is significantly lagging behind.
- The CSU politician argued that the belief in government debt as a means to strengthen the economy is misguided, and that Germany's strength lies in its innovative small and medium-sized enterprises, rather than over-subsidized individual projects or excessive faith in the state.
- Söder expressed his concern that the traffic light government's policies are leading to higher taxes, higher energy prices, and an escalating citizens' income, which he believes are paralyzing the entire economy, from corporations to small and medium-sized enterprises.
- The minister president of Bavaria and leader of the CSU party rejected the new form of green socialism promoted by the Federal Government, stating that it would not provide an effective solution to the economic crisis.
Source: www.stern.de
