A sleepy little town called Schlangen in Germany, is on the Western fringe of the formerly-feared principality of Lippe (now just a district) of renowned thrift: “Copper wire was invented in Lippe because they turn a penny so often”. I used to joke that they ran boarding schools for Scottish children to teach them how to be thrifty.
But now, in the re-invention of the town, the SPD and Greens on the town council have (again) voted to accept a budget where spending far exceeds income. Spending 14.6 million Euros from an income of 11 million. i.e. a deficit of 3.6 million Euros. And it’s not a once-off expenditure. Nor a belt-tightening in the face of economic realities as this budget’s expenditure is half a million Euros larger than the previous year’s.