4 ms·
Subdivide it into economies that are broadly similar and the conclusion does not hold anymore. Germany‘s unemployment is smaller than the US despite having a mu
by sveme 8y ago
Subdivide it into economies that are broadly similar and the conclusion does not hold anymore. Germany‘s unemployment is smaller than the US despite having a much more regulated job market.
Problem is, the EU isn‘t really one homogeneous entity when it comes to job market regulation (Denmark is pretty laissez-faire, France much less so), so it‘s disingenious to treat them all the same.
On another note, his smug tone doesn‘t really help.