He does not seem to understand that with every extra hour worked, productivity falls. Also, he seems not to grasp that an increase in productivity means that we can afford to work less. His ideas are pure microeconomics with not a hint of macro. They will fail in reality.
German Chancellor Merz:
We are simply no longer productive enough. Each individual may say, “I already do quite a lot.” And that may be true.
But when you return from China, ladies and gentlemen, you see things more clearly.
With work-life balance and a four-day week, long-term prosperity in our country cannot be maintained. We will simply have to do a bit more.