Tuesday, August 17, 2010

Danish realize extending unemployment benefits bad idea

Really, they did. Check the NYT story.

Money quote: "The cold fact is that the longer you are out of a job, the more difficult it is to get a job,” Claus Hjort Frederiksen, the Danish finance minister, said during an interview. “Four years of unemployment is a luxury we can no longer allow ourselves.”

Darned facts!


jdcross said...

Bizarre that the headline includes the word "Admired" when clearly it is not, at least, not by the people capable of changing the benefits nor by whatever fraction of people are required to vote those people in/out of office.

Unknown said...

It is clearly admired by the NYT...