Thursday, July 21, 2011

Chronic European Unemployment Problems

Much of Europe is on the edge of bankruptcy amidst its permanent 10%-Plus unemployment. And its experience with younger workers, who do not get counted as unemployed because they give up early on, and are, in fact, permanently on the dole the moment they leave school in their teens.

If they excel at something, it’s in their demand for funds from their neighbors’ taxes. Those neighbors who work.

This is the society many of our left-leaning politicians fail to point to, when they sell us on government-supervised ObamaCare and other services the Europeans get so “cheaply.” ( See the Earl J Weinreb NewsHole® comments.)

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