{"id":347087,"date":"2024-10-16T16:16:17","date_gmt":"2024-10-16T14:16:17","guid":{"rendered":"https:\/\/climatescience.press\/?p=347087"},"modified":"2024-10-16T16:16:20","modified_gmt":"2024-10-16T14:16:20","slug":"green-new-deal-accelerates-germanys-economic-declinegrowth-forecast-revised-downward","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=347087","title":{"rendered":"Green New Deal Accelerates Germany\u2019s Economic Decline\u2026Growth Forecast Revised Downward"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From NoTricksZone<\/a><\/p>\n\n\n\n

By\u00a0P Gosselin<\/a>\u00a0<\/em><\/p>\n\n\n\n

Germany\u2019s economy expected to dip into recession as Green policies backfire. <\/strong><\/h3>\n\n\n\n

Since a coalition of the SPD socialists, Green environmentalists and FDP liberals took over the government in late 2021, the German economy has been declining and business confidence eroding.<\/p>\n\n\n\n

Degrowth<\/strong><\/p>\n\n\n\n

Today Blackout News reports<\/a> that the German socialist\/green\/liberal government has revised its economic outlook downward once again.<\/p>\n\n\n\n

Recall that in 2021 the economy recovered strongly, with GDP growth reaching 2.7%. But at the end of the year, the socialists, greens and liberals took over, pledging to implement a green revolution. Almost immediately the economy slowed to a growth of 1.9% in 2022 and an anemic 0.1% in 2023.<\/p>\n\n\n\n

But nothing to worry about, Germany\u2019s economic minister Robert Habeck (Greens) insisted. The malaise was all Russia\u2019s fault, and Germany only needed to stay his green course. The troubles, after all, have little to do with Germany\u2019s skyrocketing energy costs and his green policies. Things will surely improve.<\/p>\n\n\n\n

\"\"
Economic minister Robert Habeck (Greens)<\/figcaption><\/figure>\n\n\n\n

Back to recession<\/strong><\/p>\n\n\n\n

Well, they haven\u2019t. And today, things are getting worse by the minute. According to Blackout News<\/a>:<\/p>\n\n\n\n

\n

Germany\u2019s economic situation has deteriorated drastically this year. Instead of the expected growth, Economics Minister Robert Habeck is now forecasting a decline in economic output. Originally a plus of 0.3 percent was forecast, now a minus of 0.2 percent is being calculated. These new figures reflect the serious situation of the German economy.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Habeck promises growth \u2013 starting next year!<\/strong><\/p>\n\n\n\n

Now, Habeck, who has no financial or economic education at all<\/a> \u2013 see below, wants us to forget 2024 and is promising 1.1% growth for 2025 and a ruddy 1.6% for 2026. Habeck said in a recent interview. \u201cThe growth initiative of this federal government is a necessary first step.\u201d<\/p>\n\n\n\n

Minister is confident that the German economy will be able to grow more strongly in the coming years if his measures are fully implemented.<\/p>\n\n\n\n

Grim future for the Greens<\/strong><\/p>\n\n\n\n

Habeck\u2019s promises haven\u2019t panned out in three years. yet he expects us to believe they will beginning next year. The air is getting very thin for Habeck, his fellow Greens and Socialists. Next year federal elections are taking place and the polls look as grim as the economy.<\/p>\n\n\n\n

The liberal arts economist<\/strong><\/p>\n\n\n\n

Economics Minister Robert Habeck<\/a> studied German language and philosophy and received a Masters Degree in literature and philosophy in 1996. He was awarded doctorate in 2000 and joined the ALLIANCE 90\/THE GREENS in 2002. Today he is Germany\u2019s Federal Minister for Economics. <\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Since a coalition of the SPD socialists, Green environmentalists and FDP liberals took over the government in late 2021, the German economy has been declining and business confidence eroding.<\/p>\n","protected":false},"author":121246920,"featured_media":347092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691830959,691821895,691818849,691821582,691822168],"class_list":["post-347087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-economic-minister-robert-habeck-greens","tag-germanys-economy","tag-green-new-deal","tag-green-policies","tag-recession","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/10\/Recession-in-Germany.jpg?fit=1280%2C720&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1sib","jetpack-related-posts":[{"id":282544,"url":"https:\/\/climatescience.press\/?p=282544","url_meta":{"origin":347087,"position":0},"title":"Bitter Defeat For Germany\u2019s Ruling Socialist\/Green Government In State Elections","author":"uwe.roland.gross","date":"10\/09\/2023","format":false,"excerpt":"04.05.2022, Brandenburg, Meseberg: Bundeskanzler Olaf Scholz (M, SPD), Robert Habeck (l, B\u00fcndnis 90\/Die Gr\u00fcnen), Bundesminister f\u00fcr Wirtschaft und Klimaschutz, und Christian Lindner (r, FDP), Bundesminister der Finanzen, kommen zur Abschlusspressekonferenz nach der Klausurtagung der Bundesregierung vor dem Schloss Meseberg, dem G\u00e4stehaus der Bundesregierung. 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