Jens F. Laurson & George A. Pieler : The recent deal to save Opel in Europe, which was backed by the US, German and Russian leaders and included a 1.5 billion euro investment from Germany, is not the end of the story. The deal blithely gave the state control of a major industry - putting free markets themselves at stake.
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Nothing can stop increased unemployment, and the young will be hit hardest. ++ The labor market is a social institution which touches on all parts of society. ++ Some companies try to avoid laying off workers, wanting to re-train them instead, but the UK government is not supporting this. ++ We need state-subsidies for people who educate themselves instead of becoming unemployed, we need
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