Merkel’s Problem: Booming German Economy Is So 20th Century
Germany’s steady economy is a boon for Chancellor Angela Merkel as she seeks a fourth term on Sunday. Even the diesel-vehicle emissions scandal is barely denting national pride in German high-end manufacturing. Yet a closer look reveals a backlog in 21st-century benchmarks such as broadband and education, pointing to costly catch-up efforts facing the next government. Europe’s Job Engine Buoyed by a labor-market overhaul whose difficult implementation helped bring down her predecessor, Gerhard Schroeder, Merkel is presiding over the lowest jobless rate since East and West Germany reunified 27 years ago. It’s a testament to the global market strength of German companies, which depend on the
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