Unemployment is now higher in the U.S. than in Europe, reports the Washington Post. “The official U.S. unemployment rate, reported last Friday, now stands at 10.2 percent,” compared to “9.7 percent” in Europe. This is the highest rate in more than 26 years, and marks a huge change from the recent past, in which unemployment was double the American rate in much of Europe, such as in France.
Unemployment is at 10 percent in France, which refused to adopt a U.S.-style stimulus…
The first half of Fall 2009 was a busy season in European politics.
On September 27, the general elections took place in Germany. The results were pretty optimistic–conservatives won the elections and kept the top spot, socialists lost and left the coalition, while liberals became a new member of a ruling coalition. The same weekend, elections took place in Portugal. The results were less optimistic, as the socialists stayed in power and will probably form a coalition with the Left Bloc,…
Germany is a lot smaller than the U.S., but it has a lot more health insurers to choose from, and cheaper health-care costs. One reason might be more competition: in the U.S., you can’t buy individual health insurance from an out-of-state insurer, since an obsolete federal law lets states block purchases across state lines, taking away interstate-shopping rights that citizens would otherwise enjoy under the the Constitution’s Interstate Commerce Clause. That leaves patients with fewer choices, higher prices, and less competition…
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