Once again. The EU either refuses or is totally incapable of seeing the elephant in the room. We must do something about youth unemployment which has reached levels beyond belief in the south, and is growing throughout the EU.
Youth Unemployment, A problem on its own which must be solved by any crazy idea conceivable other than the only real way to deal with this problem. So, in Greece, the guinea pig for all these wonderful ideas, the first solution has already been given. Pay the young even less than the below subsistence level wage!
That way employers will hire the young! (And fire the older workers they have to pay a little more). Also, relieve employers of the young from having to pay social security dues. Also an excellent idea. It will cut labour costs. Oh, and pensions and welfare too of course, but never mind.
Well, all these ideas are very clever. And we can always deal with the problems they may cause later. Typical EU response. Appear as though you are doing something while in fact just keep kicking the wretched can down the road.
Now, in Greece, where wages have been slashed beyond belief and transportation costs have soared, many (not just the young) are finding that it is really not worth their while to take this job that has appeared, because it will cost more to get to and from work every day than what you get in your pay packet at the end of the month, IF you even get the pay packet.
It is not for nothing that the EU has somewhat unkindly been dubbed the EUSSR. The problem? Youth Unemployment. The solution? All sorts of state planned schemes and plans and subsidies and social engineering and command policies, while hypocritically wringing ones hands over the “lost generation”, when the problem is really simple and has only one solution.
A capitalist solution. Stop this economy destroying austerity. Read a first year economics text book perhaps. Forget these east German inspired ideologies. Get the economy growing! Give a large stimulus. Get things moving again. Think! Use some common sense and forget dogma.
What was it the man said? “It’s the economy stupid!”. Yes Frau Merkel, Schaible, Rehn, Samaras, Rajoy, Djisslbloem, and all the rest of this pack of sorcerer’s apprentices. Just get the economy working again and youth unemployment will solve itself!