Dear einstien, thanks for wasting everyone's time. Soviets and Red
China achieved 100% employment long before Costello figured it out. It
means jackshit when the living conditions deteriorate, social services
get screwed, and last but not the least, your debt to the world goes
through the proverbial roof. Now go pick another bone to chew on.

F&C wrote:

> http://www.smh.com.au/news/business/employment-growth-jumps-sharply/2006/12/07/1165081062893.html
>
> Unemployment now at record lows in Australia at 4.6%.
>
> Wonder what it is in those Euro-loser countries??
>
> 9.6% in Germany and recent news reports say that's GOOD news? 8.8% in
> France. Probably some ridiculously high figure in Scandinavia.
>
> SOMEONE explain to me how these Euro-loser countries which are meant to
> have highly educated people can produce such FAILED economies??
>
> Good work to the Americans though, they have a rate of 4.4%. Although it
> is worth mentioning that the minimum wage is twice as high in Australia.
>
> In fact, Australia has perhaps the highest minimum wage in the world,
> WITH extremely low unemployment. How come us uncooth Australians can
> manage our economy, whereas Europe is a failed state??