The unintended consequence is super high youth unemployment across a lot of Europe. Youth unemployment, meaning people from working age to about 25, is ~8% in t

The unintended consequence is super high youth unemployment across a lot of Europe. Youth unemployment, meaning people from working age to about 25, is ~8% in the US, ~19% in France, 38% in Spain, 23% in Italy, 11% in Austria (not terrible), and only Germany and the Netherlands have lower rates than the US by 1-2%.