SPD Defeat in North Rhine-Westphalia

Gerhard Schr?der and the SPD have suffered a major election setback in these regional elections. Schr?der’s response it seems has been to suggest he will call an early general election late this year.

Schroeder made his proposal after exit polls showed the Social Democratic Party (SPD) suffered a heavy defeat in a state election in North Rhine-Westphalia where it had ruled for 39 years.

The conservative Christian Democratic Union (CDU) won 45 percent, comfortably ahead of the 37.2 percent for the SPD, public TV said.

Schroeder said the “bitter defeat” in North Rhine-Westphalia “throws into question the political basis for the continuation of our work” at a time when Germany was in need of wide-ranging reforms.

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About Edward Hugh

Edward 'the bonobo is a Catalan economist of British extraction. After being born, brought-up and educated in the United Kingdom, Edward subsequently settled in Barcelona where he has now lived for over 15 years. As a consequence Edward considers himself to be "Catalan by adoption". He has also to some extent been "adopted by Catalonia", since throughout the current economic crisis he has been a constant voice on TV, radio and in the press arguing in favor of the need for some kind of internal devaluation if Spain wants to stay inside the Euro. By inclination he is a macro economist, but his obsession with trying to understand the economic impact of demographic changes has often taken him far from home, off and away from the more tranquil and placid pastures of the dismal science, into the bracken and thicket of demography, anthropology, biology, sociology and systems theory. All of which has lead him to ask himself whether Thomas Wolfe was not in fact right when he asserted that the fact of the matter is "you can never go home again".