The recent robust recovery of the German economy deserves some recognition. Especially when viewed in the backdrop of the lack of recovery in the US, Britain, and much of Europe. Looking at it in some detail the German model seems very similar to what the US did under then President Bill Clinton about 20 years ago. When all the conventional wisdom screamed for increased government spending and reduction of taxes, the German Government embarked on a campaign of austerity and belt tightening. It seems to have worked out pretty well for them.
Perhaps we should start looking at alternatives to Tax Cuts for the Wealthy cry of Republicans, or more welfare (oops I mean unemployment) for the terminally unemployed crys from the Democrats. Their are some models out their that are performing well.