"March 98 jobless 4,623,393 ? Real Worker's Paradise, Germany, eh ?"
Steve, I hope that was provocative :) - Honest, we got 1989 17 Mio "new" workless people, plus a lot people from former UDSSR, Poland, former Yugoslavia. I'm living here for 47 years and I tell you: we have problems, but every who wants to work can do this.
You mustn't go back to 1958 in US - neither for comparable unemployed-rates nor for a 1$=4DM relation. As I posted yesterday - every industry-nation is on the party "helping" compensate from time to time the import-export-balance of the most spending (but not earning) nation worldwide.
Open the borders to southamerika, wait 8 years and let us compare!
I'm not proud seeing people working in a hamburger "restaurant" (what a term!) for $5 per hour - obviously you are.
Everybody here has more money (social-help?) without working than millions of proud americans doing their "service". Is that bad? I don't know. So far we seem to can afford this.
What if tax in Germany would have decreased to US-standards? All European nations are gambling the "stability"-game, more or less truly. (g)
We're sharing the first few years since I can think when US-economy seems to be running well. Wait till you guys have the next "limited conflict" - and let us count the pennys after that again.
Only brainstorming - that's all I have: exact numbers next door.
Jury |
