With U. S. unemployment set to climb to 10% the North American market economies will soon be looking at what used to be derisively termed "European levels" of unemployment.
The question is whether these high unemployment rates are merely short-term blips that will be followed by quick recoveries, or whether high jobless numbers will persist, turning the United States into a grim replica of sclerotic Europe...
[Is this a trick question? If you implement European-like policies...]
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