Tax cuts and labor deregulation wins in Germany!!!!

German Chancellor Angela Merkel said she’ll press ahead with tax cuts and labor-market deregulation after winning re-election with enough support to govern with the pro-business Free Democrats.

With Germany struggling to recover from the deepest economic slump since World War II, voters spurned plans by Merkel’s Social Democratic challenger to raise taxes on top earners. Frank-Walter Steinmeier’s SPD had its worst postwar result in what he called a “bitter day” after sharing power with Merkel for four years and governing for the previous seven.

From here. High tax Germany is realizing that their socialist utopia needs some fuel, so they voted for tax cuts and labor deregulation in this weekends election. Europe is moving in the exact opposite direction to the increasingly interventionist and Marxist leftward lurching united States. United Stares, please meet Zimbabwe.