February 16, 2014

Germany's Enviable Shock Absorber

Clarence Page, Chicago Tribune

The Associated Press

As the usual suspects in Congress argue over whether to extend unemployment benefits, which ran out at the end of last year for more than a million jobless workers, I am feeling Germany envy. Jobs in Germany fell more softly in the 2008 global economic crisis than they did here or in the rest of the European Union -- and bounced back more quickly.

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TAGGED: United States, Europe, Germany

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