Angst

Angst is no longer just a German phenomenon: A specter is haunting the world – the specter of angst*.
*A play on words based on the opening sentence of the Communist Manifesto

People are suffering from Weltstress (global stress) and feel they are losing control of their lives. They are at the mercy of climate change; as a consequence of senseless wars, they suffer from high prices caused by resource shortages; they hear AI predicting their imminent demise; and they feel lonely despite an oversupply of friend requests on social media.

Many people are overwhelmed by the fast-paced present and lament, “Everything used to be better in the past.”

They see decline on all fronts. Germans no longer trust the established parties to get their country‘s problems under control. Anger mingles with citizens’ angst for their future: “Those who govern us are incompetent; they can’t get things under control.”

Former East Germany is AfD land,
while in the West the Christian Democrats are still (?) dominant (©Deutsche Telekom).

People are looking for ways out of this threatening trend and seeking alternatives. Hoping to restore a predictable outlook to their lives, they vote for politicians or parties that cater to this longing.

Indeed, these parties offer simple solutions with slogans like socialization, expropriation, Tax the Rich, remigration, Dexit*, back to our national roots, and the DM. These catchwords will surely make life cheaper and foreign influence more bearable.
*coined after Brexit

Who will bear the costs? Tariffs*, the rich, and big tech.
*or another country: Mexico will pay for the wall

©Deutsche Telekom

Meanwhile, in Germany, a shrinking centrist bloc is fighting to keep its government afloat amid dwindling revenues. Social benefits, personnel costs, and subsidies rise; public spending on these items will climb to 52.0% of gross domestic product this year, and the trend is upward. Germany is not yet the European champion, with Finland (58.9%) taking the gold medal and France (57.4%) the silver.

Because the ruling parties are suffering one election defeat and one poll shock after another, they shower people with favors, even though there is nothing left to give. An economic expert called the second German fuel rebate - costing 2.5 billion euros - an “expression of political desperation.”

On Monday, Chancellor Friedrich Merz announced a lowering of the electricity tax to the European minimum for everyone, making German energy-hungry industry internationally competitive and easing the financial burden on private households. According to Merz, the government will use financial leeway in the budget to achieve this, but in reality these subsidies are paid for by increasing our national debt.

For decades, citizens should have realized that the state pension is no longer sufficient to maintain their standard of living when retired. Nevertheless, few did make provisions for the future. Only 48 percent of West Germans have a private supplemental retirement plan; in the East, the figure is a mere 27 percent.

When Merz plainly said in April that the statutory pension would serve only as a basic safety net in the future, there was an outcry. Citizens expect the state to rescue them.

Germany still enjoys a high standard of living. We remain the world’s third-largest economy. But the German economic model has limited long-term sustainability. The welfare state is severely overstretched, non-wage labor costs are high, and bureaucracy is enormous. If we do not address these problems, Germany’s economic performance will decline.

©NTV

89% of our citizens recognize the need for reforms, which will inevitably lead to sacrifices, but only 32% are willing to make them.

Germany is incapable of reform, and people’s angst will grow.
**