Finally the chancellor is doing what he was elected for: to explain the world to the loony left within his own party and to demonstrate that Germany does not need a Margaret Thatcher to rebrand the SPD. The loony left is not happy to face realiy, to say the least.

But making Germany’s economic more flexible is a struggle for social equality, not against it. Why don’t people see that? It is a class struggle only for those corporatist functionaries bound to loose power. And loose it they will. Spiegel Online tells us about the chancellor’s Labour Day speech.