April 1, 2006
When I attempt to teach my students "Law for Business Associations", which is applied capitalism, I find that I have to explain what capitalism is and what it is not. Part of my schtik is to mention that France has 12% unemployment; 23% unemployment in youth 18-14; and 55% unemployment in minority youth. Ours is 5%; 12%; 25% (??) and we would riot -- be in the streets-- if we had France's numbers. Have to change the schtik.
TrackBack URL for this entry:
Listed below are links to weblogs that reference France:
Hi, I'm a political science major (junior year). I agree with what you said about how we'd be upset if we had those unemployment numbers. I don't think we'd riot and burn cars but you never know! :) Btw, great blog.
Posted by: Tim MMF | Apr 2, 2006 11:17:39 PM
You have to be careful about the numbers, though. They are calculated differently in the two countries, and my understanding is that the US figures would be quite a bit closer to the French figures if they were done the same way. The basic point remains true, but the gap is less wide than those numbers indicate.
Posted by: Brett McDonnell | Apr 7, 2006 8:55:15 AM