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Hamburg university debt clock should show real values

In the end she didn't tick right.

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Hamburg university debt clock should show real values

In the end she didn't tick right. Now the debt clock at the University of Hamburg is to be adjusted to the actual level of debt in the city. This was announced by the second chairman of the general student committee, Mathis Lorenzen, to WELT. The current AStA is no longer the administrator of the clock. However, the "reference to the desired correction of the debt value" was "forwarded to the people involved," said Lorenzen.

Two weeks ago, criticism of the debt clock was raised, which is prominently located in front of the university on Edmund-Siemers-Allee. University professor Bernd Lucke had complained, among other things, that the clock would spread fake news and show the wrong amount of the city's debts.

In fact, according to data from the Federal Statistical Office, the city currently has debts of 33.2 billion euros in core and ancillary budgets. At the time, however, there were more than 49 billion euros in debt on the debt clock. In addition, economist Lucke, who gained notoriety as a co-founder of the AfD, complained that the clock suggested a steady increase in municipal debt, although this had recently fallen.

There has been a debt and wealth clock at the university since 2011. It was set up by Olaf Scholz in protest against the SPD-led Senate. When it first drew up its budget, the then new Senate had fueled fears that the science authority's budget could fall. The universities began to fight against possible savings.

The student council for educational sciences invited to a rally and unveiled a first clock that should make it clear that there is no lack of money for education in the city. She contrasted the city's growing debts with the wealth of the richest people in Hamburg, which was also growing, and was intended to make it clear that the distribution of wealth was the problem.

At that time, the national debt grew by 23 euros per second. The watch was repeatedly the target of vandalism until it was so badly damaged in a fire that it was dismantled.

In 2018, the then incumbent General Student Committee and the Student Council Conference (FSRK) set up a new clock. Since then, every second she has added 71 euros to the city's debts and 254 euros to the wealth of the richest people in Hamburg. In the meantime, according to the current AStA, the clock is no longer managed. The AStA, which was active in 2018, did not pass on any access to the successors when it was voted out.

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