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Why Europe compares favorably with the US economy in areas like unemployment when looking at the 24-54 working age group, technology adoption, economic growth when you factor out population growth in the USA, and with higher taxes offset by social benefits for large segments of society.
Grouped Articles
New York Times 04/13/2013
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Growth isn’t enough to help the middle class - The Washington Post
Washington Post 02/14/2013
New York Times 01/11/2010
New York Times 02/09/2010
Comparative Advantage and American Jobs
Wall Street Journal 01/26/2011
The unemployment rate dropped to 7.6% in Germany in 2009 an 6.9% by 2013. Experts says this is a result of the rapid growth in the sector paying low wages.
Grouped Articles
'Minijobs' Lift Employment But Mask German Weakness
Wall Street Journal 05/29/2013
German elections pit Merkel, challenger over poverty problems - The Washington Post
Washington Post 09/17/2013
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
German Recovery Spurs Push for Higher Pay
Wall Street Journal 09/09/2010
Europe Moving Toward Small Steps to Promote Growth
New York Times 05/10/2012
Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.
Grouped Articles
Beijing Signals a Shift on Economic Policy
New York Times 05/24/13
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/10
Interview With Japan Foreign Minister Katsuya Okada
Wall Street Journal 09/02/10
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/14
China Will Keep Growing. Just Ask the Soviets.
New York Times 10/24/14
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/14
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