The Minister President of North Rhine-Westphalia and vice-chair of the conservative party CDU, Dr. Jürgen Rüttgers, was quoted as saying: The belief that tax cuts will lead to more investment and more jobs is wrong. The same holds for the statement according to which German wages are too high. In other interviews, however, Rüttgers took a more nuanced view, warning against claims or generalisations that gain a momentum of their own and referring to these as the “lies of life”. The “usual suspects” – maybe you know who I mean – were, however, quick use these statements as evidence to attack “neoliberal” ideas. Against this background, some further clarification may be necessary.
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