Germany cannot, however, indulge its obsession with supply-side reforms without also pursuing growth-enhancing policies. As Germany knows from its own experience in the early 2000s, the benefits of supply-side reforms – namely, improved competitiveness and higher long-term growth rates – take a long time to emerge.
然而德国不可一面纵容自身对供应这一端改革的偏好，一面却不去施行刺激增长的政策。德国应该从自身在本世纪初的经验中认识到：供应端改革所带来的好处——比如竞争力的提升以及更高的长期增长率——都需要相当长的一段时间才能显现。。