Calculating To A Fault
So what accounts for the strange lurch left? (On the following pages, four experts weigh in on that question.) It seems as soon as the economy perks up, the willingness to face tough economic realities is gone. Now, this mood threatens to stop—and even unravel—the very economic reforms that helped unleash the present boom. In response, both parties in Chancellor Angela Merkel’s unwieldy coalition government, the center-left Social Democrats and Merkel’s own center-right Christian Democrats, seem to be falling over each other with proposals to roll back reforms, while she herself remains largely out of the fray....