The ‘Dear Leader’s Children’
A major political headache is how to ensure the recession doesn’t claim another lost generation. Official figures suggest that nearly 1 million people under the age of 25 are already on the dole, with a further 1.5 million being economically inactive. These figures will only get worse. Polly Toynbee thinks that Germany is pulling out of recession because they have the answer: ‘Labour’s efforts are directed towards getting people into work. But Germany focuses on stopping people falling out of work, by contributing to wages. A study this week says a ¤6bn scheme prevented a major rise in unemployment, and helps explain why Germany is already pulling out of recession.