And let’s not forget the high unemployment rates compared to the USA.
“Second, their workforce is on the whole more educated and producing more professionals to drive their economies.”
My European friends tell me that unless one is born into the right family, those great Euro educations are wasted. That’s why many with an entrepreneurial bent move to the USA.
My European friends tell me that unless one is born into the right family, those great Euro educations are wasted. That’s why many with an entrepreneurial bent move to the USA.I don't think that's true. I've worked with a few french and northern european engineers and they are doing quite well for themselves in their home countries. That's because they were *good at their jobs*. If you want to be incompetent and get a good job, the family connections are all important. But that's the same anywhere. I've seen countless examples of nepotism in the US and abroad.
I can certainly vouch for that.
The number of times I have seen employers take on complete deadbeats ; subsequently to find out that they went to the right Public School , spoke with the right accent , or their father - in - law was in the same golf club as Earl of Wherever.
People don’t believe me . I sometimes wonder how our economy ticks over .