Wednesday, September 29, 2010

Don't look to Europe for employment policies

from the New York Times blog Economix, Casey Mulligan: Progressives point out that the Western European economy has a lot going for it: a productive work force, new technologies, universal health care and access to education. Perhaps they’re right that getting our government more involved in the economy and smoothing out capitalism’s “rough edges” would give Americans some of those things, too.

Those same progressives tell us that expanding unemployment insurance and other government programs is an easy way to raise employment in the United States. But they seem to have forgotten that European policies have likely caused Europe’s employment to be less than ours, not more.

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