Germany's Shorter Work Hours Are No Longer Effective

A recent long-term study conducted by the German Institute highlights a significant shift in the contentment levels of Germans during and after Angela Merkel's chancellorship. Merkel, who served from 2005 to 2021, presided over a period of economic growth, where the nation experienced increased tax revenues and a dramatic reduction in unemployment. The study indicates that the average annual growth tripled during her tenure, contributing to a notable rise in the population's "life satisfaction." However, the study reveals that this contentment peaked in 2020, coinciding with the onset of the COVID-19 pandemic. Since then, various crises have emerged, including the war in Ukraine, a rising cost of living, and high inflation rates, which have collectively dampened the previously high levels of satisfaction among the German populace. The end of cheap energy has further exacerbated these challenges, leading to a decline in overall happiness. As Germany navigates these turbulent times, the long-term effects of Merkel's policies are being scrutinized. While her leadership brought about significant economic improvements, the current landscape presents a stark contrast, with many citizens grappling with the repercussions of global events and domestic challenges. The study serves as a reminder of the volatility of public sentiment in the face of external pressures. In conclusion, the findings underscore the complexities of governance and the impact of global events on national morale, raising questions about the future trajectory of Germany's economic and social well-being.