American Elephants

Will There Be a Revolution in Europe? by The Elephant's Child

German Finance Minister Wolfgang Schaeuble warned today that failure to win the battle against youth unemployment could tear Europe apart, while abandoning the continent’s welfare model in favor or tougher U.S. standards would cause “revolution.”

A generation of young Europeans fear that they will not find jobs, with youth unemployment in the EU standing at nearly one in every four, more than twice the rate of adult unemployment. Yet, he said, if US welfare standards were introduced in Europe “we would have revolution, not tomorrow, but on the very same day.” Schaeuble told a conference in Paris.  U.S. “tougher” standards would create revolution. Tougher?

However dismal the job prospects are for European youth, they are worse for disaffected immigrant Muslim youth, and that’s a very bad sign. So they can’t afford the welfare, and they can’t afford to be tougher about it, so….

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