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🇩🇰 Denmark /Economy & Trade

Denmark’s economic commentator needs to return to economics school

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

Opinion Named sources Context piece
  • Tax and Growth Minister Jakob Engel-Schmidt says Danish economic policy should be assessed through factual economic analysis rather than political criticism.
  • He argues that Denmark’s economy has absorbed shocks including Middle East unrest, high energy prices and rapidly changing U.S. tariffs.
  • The piece is an opinion article responding to Berlingske business commentator Thomas Bernt Henriksen’s accusation that the government is overspending.

If Thomas Bernt Henriksen spent his time on sound economic analysis instead of misguided political grumbling, he would see that his criticism collapses on three central points, Jakob Engel-Schmidt writes.

The tax and growth minister says it is entirely legitimate to debate public spending. But that debate must rest on an informed foundation. In his view, Henriksen’s accusation that the government is wasting money is an absurd claim.

It is entirely legitimate to discuss public spending. But it must happen on an informed foundation.

· Jakob Engel-SchmidtThe minister argues that criticism of government spending should rely on factual economic analysis.

Engel-Schmidt presents the Danish economy as being in exceptionally strong shape. He says it has absorbed several shocks, including unrest in the Middle East, high energy prices and a U.S. president who keeps raising tariffs from one day to the next.

The article responds directly to a commentary published by Berlingske’s business commentator on Aug. 28. It is explicitly a debate contribution, and the views expressed belong to its author, Jakob Engel-Schmidt, Denmark’s tax and growth minister.

The Danish economy is in exceptionally strong shape. Things are going well.

· Jakob Engel-SchmidtHe uses Denmark’s economic performance to reject the commentator’s criticism.
About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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