I've started this blog as an open forum to discuss current topics in the news in a "Point - Counter Point" manner. By using this method of debate, I seek to encourage all to lend their voices and opinions by weighing in on the current days topics up for discussion. Welcome to POINT - COUNTER POINT.
American Idol' star Kara DioGuardi laid herself bare for the newest issue of Allure -- literally.
The judge, along with 'Grey's Anatomy' doc Jessica Capshaw, singer-songwriter Colbie Caillat and 'Entourage' hottie Emmanuelle Chriqui posed naked for the magazine.
Will the U.S. accept youth unemployment levels like Europe's? By DANIEL HENNINGER
Unemployment today doesn't look like any unemployment in the recent American experience. We have the astonishing and dispiriting new reality that the "long-term jobless"—people out of work more than six months (27 weeks)—was about 44% of all people unemployed in February. A year ago that number was 24.6%.
This is not normal joblessness. As The Wall Street Journal reported in January, even when the recovery comes, some jobs will never return.
But the aspect of this mess I find more disturbing is the numbers around what economists call "youth unemployment." The U.S. unemployment rate for workers under 25 years old is about 20%.
"Youth unemployment" isn't just a descriptor used by the Bureau of Labor Statistics. It's virtually an entire field of study in the economics profession. That's because in Europe, "youth unemployment" has become part of the permanent landscape, something that somehow never goes away.
Is the U.S. there yet?
No public figure has ever taken more flak for a comment than former Defense Secretary Donald Rumsfeld for "old Europe." These are the Western European nations that spent the postwar period free of Soviet domination. With that freedom they designed what came to be called the "social-market economy," a kind of Utopia where a job exists to be protected and the private sector exists mainly to pay for the state's welfare plans.
Alas for Utopia it came to pass that the marginal cost of adding employees increased so much around Europe that private-sector hiring of new workers slowed and "youth unemployment" rose. And stayed.
Eight years ago, a bittersweet movie about this tragedy of fallen expectations for Europe's young, "L'Auberge Espagnole," ends with a bright young Frenchman getting a "job" at a public ministry, where on the first day his co-workers explain the path to retirement. He runs from the building.
In the final month of 2009, these were European unemployment rates for people under 25: Belgium, 22.6; Spain, 44.5; France, 25.2; Italy, 26.2; the U.K., 19; Sweden, 26.9; Finland, 23.5. Germany, at 10% uses an "apprentice" system to bring young people into the work force, though that system has come under stress for a most relevant reason: a shortage in Germany of private-sector jobs.
In the U.S., we've always assumed that we're not them, that America has this terrific, unstoppable job-creation machine. And that during a "cyclical downturn," all the U.S. Congress or the states have to do is keep unemployment benefits flowing and retraining programs running until the American jobs machine kicks in and sops up the unemployed.
But what if this time the new-jobs machine doesn't start?
In the U.S., we've thought of youth unemployment as mainly about minority status linked to poor education. Not in Europe. German TV recently broadcast a sad piece on Finland, which has the continent's most admired school system. It showed an alert, vivacious young woman—she looked like someone out of an upper-middle-class U.S. high school—roaming Helsinki's streets begging waitress jobs, without success.
It was during the Reagan presidency's years of strong new-job growth, with an expansion that lasted 92 months between 1983 and 1990, that Europeans began to envy the employment prospects for American graduates. The envy continued through the dot.com boom of the Clinton years. Some of Europe's most ambitious young workers emigrated to the U.S.
Which brings us to the current American presidency. Last March, its admirers proclaimed that the Obama budget drove "a nail in the coffin of Reaganomics." And replaced it with what?
Mr. Obama spent his first year saving the public economy (the stimulus's money mainly protected public-sector jobs) and designing a U.S. health-care system led, if not run, by the public sector. The year's most significant U.S. fiscal policies created an array of new taxes to finance the congressionally designed health system, and raised federal spending to 25% of GDP. Another broad tax increase begins Jan. 1.
The only new-jobs idea the philosopher kings around Mr. Obama have had is the "green economy." No doubt it will create some jobs. But an idea so dependent on subsidy economics is not going to deliver strong-form employment for the best, brightest or willing and able in the next American generation. The path we're on is toward a flatter, gentler U.S. economy.
This is not the way forward to the next version of an American economy that once created Microsoft, Intel, MCI, Oracle, Google or even Twitter. The United States needs tremendous economic forces to lift its huge work force. Since 1990, roughly 80 million Americans have been born. They can't all be organic farmers or write scripts for "30 Rock."
Many upscale American parents somehow think jobs like their own are part of the nation's natural order. They are not. In Europe, they have already discovered that, and many there have accepted the new small-growth, small-jobs reality. Will we?
Ousted "Tonight Show" host Conan O'Brien will return to late-night television in November with a show on cable channel TBS, the network said Monday.
O'Brien's talk show will air weeknights at 11 p.m. ET/PT, leading into "Lopez Tonight" which will shift to a midnight start, TBS said.
"I can't think of anything better than doing my show with Conan as my lead-in," George Lopez said. "It's the beginning of a new era in late-night comedy."
Negotiations for the deal began last week after Lopez called O'Brien to ask him to consider joining the network, TBS said.
Image Credit: Alexander Tamargo/Getty Images; Hunter Martin/Getty Images
Jim Carrey, who announced his split from Jenny McCarthy this week on Twitter, has posted several Tweets defending Tiger Woods and criticizing Woods’ wife, Elin Nordegren. On Friday, Carrey wrote, “Tiger Woods owes nothing 2 anyone but himself. 2 please his father he gave up his childhood and his freedom in the world. That’s enough!” Then the actor continued: “No wife is blind enough to miss that much infidelity. Elin had 2 b a willing participant on the ride 4 whatever reason” and “No woman just stays at home with the kids anymore. Tiger was wrong and Elin was ignoring the obvious.” Carrey also commented on what he considered to be society’s unfair treatment of Woods these past few months: “Whenever we form a consensus about some1 we envy, who’s stumbling, our collective ego LOVES to flex its unified muscle! S’ugly!” Woods is playing Saturday in the third round of the Masters Tournament in Augusta, Ga.
Update: Since his initial controversial Tweets, Carrey has attempted to clarify his position. “I want 2 make it clear that I do not condone infidelity at all, but 2 some degree the responsibility 4 it is shared by both people,” the actor wrote on his account Saturday. He quickly followed that up with: “In any event, infidelity has never been an issue 4 me. If I tried to keep a secret like that, I would grow a tumor and devil horns!”
