The State vs. Prvate Enterprise

Deregulation, tax cuts, and a fundamental trust in the power of private enterprise across the Atlantic stand in sharp contrast to the sluggish, apathetic-socialist policies of Germany and the European Union -- and not in Europe’s favor.

Thomas Kolbe | May 29, 2026

While German industry is pulling up stakes and heading for greener pastures, the United States is experiencing a small investment miracle. Through its deregulation agenda, the American government is proving the thesis that prosperity is created exclusively in the private sector -- not through state regulation.

German Chancellor Friedrich Merz appears disoriented, whiny-apathetic, and remarkably weak in leadership these days. Perhaps the chancellor senses that the project of his political generation is entering its final phase. Is he aware that the construction of eco-socialism has failed? That both his reckless debt policies and Germany’s rapid deindustrialization are consequences of this ideological insanity? The fact that Friedrich Merz still found the audacity -- despite the catastrophic domestic political and economic situation at home -- to publicly accuse U.S. President Donald Trump of lacking strategy in the Iran conflict speaks to an almost immeasurable degree of stubborn arrogance and self-delusion.

There he was again: the German know-it-all. The type of politician who once lectured Europe’s neighbors over debt problems while failing to compare his own actions with the present condition of his own country.

Merz would have done well to take a look at the American economy and the U.S. labor market before stepping onto such embarrassingly thin rhetorical ice.

In April, the private sector in the United States created 115,000 new jobs. During the opening months of the previous year, another roughly 180,000 jobs had already been added. The U.S. economy has now delivered four strong months in a row, signaling that America is rapidly gaining momentum and -- unlike the European economy -- is not being derailed by the Iran crisis. These are phenomenal numbers at a time when the world is fighting over scarce capital, know-how, and........

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