|More and more Germans have to disconnect the electricity supply becayse thhey cannot afford to pay the high energy prices.|
Germany is often described as the rich powerhouse and paymaster of the eurozone. This description is not false, but it does not tell the whole truth. There is also a flip side of the German euro coin:
German Chancellor Angela Merkel’s government has come under renewed attack for its record on fighting poverty, which a new study says is increasing despite low unemployment and Germany’s status as the euro zone’s economic powerhouse.
The Paritätische study follows a report from the research body at the Economics Ministry earlier this week which said young people are at the highest risk of poverty, particularly those from immigrant backgrounds and single-parent households.
According to Paritätische, which questioned 830,000 in a survey, the percentage of the population as a whole threatened by poverty in Germany increased to a post-reunification high of 15.1% in 2011–up from 14.5% in 2010, despite a year-on-year increase in the country’s economic output of about 3%. In the capital, Berlin, one in 10 inhabitants is at risk of poverty.
The Merkel government's senseless energy transition policy is one major factor contributing to the growing number of poor in Germany. Thousands of Germans, among them many elderly people, are now living in houses and apartments without heating and electricity, because they cannot afford to pay the high energy prices. A new study by the Institut der deutschen Wirtschaft shows that the burden of the higher energy prices is above all hitting Germany's poor. Well to do people are the ones profiting from the wind and solar energy subsidies. During the next few years the energy costs for German consumers are expected to further rise with about 70%, sending more and more Germans into energy poverty. Next year alone, "green" energy subsidies will amount to more than €18 billion ($23.32 billion).
The question is, how long are Germans willing to put up with this renewable energy madness?