Rome, Italy. 22nd June 2012: French President Francois Holland and German Chancellor Angela Merkel – Corbis News
Fiscal competition and economic freedom
Reforming is a path for reelection: German Chancellor Angela Merkel privatized, deregulated, capitalized. She did not reflate nor accepted deficits : she reduced taxes. For sure, there are some lessons to learn for France. Actually, dismantling the Welfare State has lead to these good results. Since Germany has less civil servants (50 civil servants for 1000 inhabitants in Germany, 90/1000 in France), the German Federal Goverment make a yearly saving of 135 billion euros that France cannot do.
The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.