Note: We were surprised—almost shocked—to see this report on a GE-controlled media channel, NBC Today. It’s a bit superficial, typical of American TV, but at least it makes an important point. Of the FOUR presenters, Matt Lauer gave the story the fairest slant, commenting admiringly on the foreign models with generous paid vacation, while Natalie Morales, army brat and tv vixen, was a bit equivocal, remarking that Europe, well, suffered from high unemployment (!). Apparently Morales, in her celebrity tower, has not heard yet how hard unemployment is hitting the American population. In any case, we’ll let her explain how unemployment levels relate to what this story is presenting.—PG
The U.S. is the only country CEPR (Center for Economic and Policy Research) examined that doesn’t mandate paid vacation time.