Friday, July 19, 2013

America: The Home of the Retired, the Part Time, and the Unemployed

"Spanish labour laws do not encourage employers to hire full-time permanent workers and many are offering only part-time contracts. Faced with high unemployment, potential employees eagerly accept these conditions. Meanwhile, the high youth unemployment rate makes it virtually impossible for a young Spaniard to even start a professional career. As a result, thousands of young Spaniards have emigrated since the beginning of the year, continuing the trend that started last year when 30,000 of them left for Germany alone, a 45% increase over the previous year."

ObamaCare (and other Nanny State economic disasters) are creating the same conditions right here in the United States.

Except, of course, our young and frustrated unemployed are not emigrating anywhere. For even if they had the motivation to pack up and climb on a plane, their skill sets (or, more honestly stated, their lack thereof) are not of value to anyone, anywhere.

Brother, this can't end good.