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Politics : World Affairs Discussion

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To: Elmer Flugum who wrote (1888)	9/13/2002 4:01:45 AM
From: GUSTAVE JAEGER	Read Replies (1) of 3959

Told you so.... iht.com Excerpt: During the last decade, however, serious problems have emerged. As Germany's once prosperous industrial Ruhr became a rust belt, along with much of eastern Germany, generous unemployment benefits discouraged workers from relocating for new jobs. Nationwide wage settlements that applied even to small non-unionized businesses hurt competitiveness and innovation. In addition, Germany has had to bear the enormous costs of reunification, subsidizing French farmers through the European Union's common agricultural policy and, more recently, trans-Atlantic recession. [...] _____________________________ Welcome to the Brave New TransPacific World!

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