this post was submitted on 20 Nov 2023
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My question is why is the climate crisis not considered a crisis big enough to break the debt limit whereas the covid crisis was, this has been the hottest summer ever, by a lot, let's see next year's, when it's too late.
Indeed. This article is nonsense. Germany should declare the climate crises an emergency. And if they don't like the debt limit rule they passed a few years ago, they can change it. Calling it a 'budget crisis' is overblown. It seems that the main problem is that their political parties are currently not working together well. That is not exactly some existential problem at this point. The German economy is way too large to consider a 60 billion euro problem a 'crisis'.
Our social democrats, had the incredible intelligence to pass it into the constitution, requiring a 2/3 majority, when they were junior partner to the conservative (now reactionary) party. As with many things they passed back then, they claimed to have tummy aches, but to pass it because responsibility or whatever.
This is entirely self made by the now government leading social democrats, who are more of a conservative party and recently tried to jump on the right-populism train. Because that worked soooo well before...
But only a minority of the parliament doesn't like it, that's the problem. You need 2/3 of the Bundestag, but even our current governing coalition is composed of parties that are in favour of this strict austerity/debt limit (FDP) or are ambiguous or just slightly against it (SPD)
The 60 billion problem could snowball to a 260 billion problem, if more "Sondervermögen" are deemed unconstitutional.