Tuesday, October 5, 2021

Alice Weidel, October 3, 2021, Debt Brake

AfD Kompakt, October 3, 2021.

The demand of the presidents of the Federal and State audit authorities for an observance of the debt brake is a last minute warning cry. Under pretense of overcoming the Corona crisis, state debt exploded and German state finances have been ruined. The inflation spiral gathers speed and threatens Mittlestand and middle-class with long-term expropriation and impoverishment in favor of a strengthening of the state’s power of expenditure which now already ruptures every reasonable standard.

The debt orgies of the last Merkel years are not allowed to become the permanent state of affairs. The next Federal government needs to once more turn around this development instead of concluding new, foul compromises at the cost of the savers and taxpayers. The debt brake is an important guarantee against the breaking of the last dams against fiscal redistribution from below to above and therefore needs be defended.

Required investments for resolving the reorganization and investments status are also possible under the debt brake conditions. For that, the state needs to set clear priorities which drive down consumptive expenditures and especially stop the exorbitant flow of means to the EU and international system. So as to preserve its prosperity, the German economy requires solid state finances and a hard currency. Neither is to be had in the present situation.

 

[trans: tem]