Guest commentary: The Germans no longer believe in growing prosperity
Many are just trying not to lose what they have already achieved. Instead of promising growth, politics should ensure that achievement enables advancement again, says Civey chief Janina Mütze.
Many Germans feel their standard of living has worsened in recent years. Over a third of those surveyed reported a decline in their personal standard of living over the past five years, and 44% of families with children experienced a decline. Almost half expect their situation to deteriorate further in the next five years. The public now associates prosperity with financial security, reliable healthcare, and social protection, indicating a shift in priorities from achieving more to preserving what has been attained. This change in perspective has yet to be fully acknowledged by key policymakers.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.