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# Saturday, January 30, 2010

It is faciniating to me to look at how other countries are trying to combat their own problems with unemployment.  I ran across an interesting plan being discussed by the European Union.

The plan calls for establishing a fund of 100 million euros for unemployed youth and the long-term unemployed to start their own businesses.  Compared to Obama's 33 billion tax credit plan, the European plan seems to be one geared toward inspiring growth through new innovation and promoting an entrepreneurial spirit.

Don't get me wrong, I'm not knocking Obama's plan which I personally believe will promote job growth, I just love the uniqueness of the EU plan which gets at the heart of what any economy, or business for that matter, needs to grow and that is innovation.  Really thinking outside the box and norm to see what consumer needs will be in the future.  Kudos to the individuals who came up with the idea.

Tammy Mullin

Saturday, January 30, 2010 2:05:13 PM (Central Standard Time, UTC-06:00)  #    Comments [0] -
Unemployment Cost Mgmt
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