Maybe we can learn from Europe

The Germans have elected a conservative-free market government. The following Wall Street Journal article highlights some of the new government’s proposals:

http://online.wsj.com/article/SB10001424052748704471504574438884290190804.html?mod=googlenews_wsj

Some of the highlights of the new policies:

• The Free Democrats campaigned on a €35 billion tax cut combined with a radical simplification of one of the most complex tax codes in the world. The current rates, which rise gradually from 14% to 45%, would be replaced with three brackets of 15%, 25% and 35%. The proposal has come to be known as the "beer-coaster reform"—as in, you could fit the whole tax return on a beer coaster. The reform would make Germany's tax code among the most competitive and transparent in the industrialized world.
  
• The FDP also wants to loosen the "Kündigungsschutz"—the country's strict dismissal rules, which make it so costly to lay off employees that it hinders hiring them in the first place.

FDP also proposes to cut the size of government and reform the government health-care system.

Combining the legendary German work ethic with these free market policies will create an economic miracle in the center of socialist Europe.