> Why instead are we seeing massive amounts of unemployment? In 2010 the unemployment rate in the Eurozone and the US was about the same. Since then in the US

> Why instead are we seeing massive amounts of unemployment? In 2010 the unemployment rate in the Eurozone and the US was about the same. Since then in the US it reduced by 2.5% while it grew by 2.5% in the Eurozone. http://www.businessinsider.com/chart-us-and-eurozone-unemployment-rate-2013-5?IR=T http://www.businessinsider.com/chart-us-and-eurozone-unemplo... The reason for this is the austerity policies forced upon the Eurozone by adherents of a particular economic ideology, whereas the USA had fiscal stimulus, as well as regular fiscal transfers from the richer states on the coasts to the poorer ones in the center and south via the federal budget. > The fact of the matter is that in many European countries someone who is not working can enjoy the same standard of life as someone who is The fact of the matter is that in Spain unemployed citizens are looking for food in garbage bins. How many working people do you know who do that? http://www.nytimes.com/2012/09/25/world/europe/hunger-on-the-rise-in-spain.html http://www.nytimes.com/2012/09/25/world/europe/hunger-on-the...