Too many European countries are on the edge of bankruptcy amidst well over permanent 10%-Plus unemployment.
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 politicians fail to point to, when they sell us on government-supervised services the Europeans get so “cheaply.” (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)
No comments:
Post a Comment