The problem with these really broad social topics on RVF is that you'll have all sorts of agenda pushers crawling out of the woodwork ready to tell you anything.
Quote: (11-17-2013 02:19 AM)Tail Gunner Wrote:
A welfare state with reliable economic expansion is an oxymoron. All welfare states eventually suffer economic panics or collapses.
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Fifty years ago, Sweden and America spent about the same on their government, a bit under 30% of GDP. This is no longer true. In the years leading up to Sweden's financial crisis in the early 1990s, government spending went as high as 60% of GDP. In America it barely budged, increasing only to about 33%.
While America was maintaining its standing as one of the world's wealthiest nations, Sweden's standing fell. In 1970, Sweden was the fourth richest country in the world on a per capita basis. By 1993, it had fallen to 17th.
http://online.wsj.com/news/articles/SB10...1192320912
No idea where that paper gets its data from.
According to the World bank the Swedish government spending as part of GDP has been steadily around 30% for years.
http://data.worldbank.org/indicator/NE.CON.GOVT.
For the last 10 years the country has also outperformed the USA in economic growth. See the data quoted below.
Ranking GDP however is completely irrelevant to measuring personal welfare since we know such a low percentage of people in the US control such a major part of the wealth. Whereas in the Scandinavian countries it is more distributed. You'd have to look at income equality to get the full picture.
http://en.wikipedia.org/wiki/List_of_cou...e_equality
Sweden is at #2 in the
Gini index.
Quote: (11-17-2013 06:43 AM)GeekGame Wrote:
Norway, Denmark are more progressive and have more economic growth in the future..Sweden..no so much
Is that so? I assume you have a crystal ball, I on the other hand brought data.
From the World bank data. GDP growth % by year up to 2012
Brackets denote number of years the country has had the highest growth among the 4 in the category.
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Denmark 0,38 2,30 2,45 3,39 1,58 -0,78 -5,67 1,58 1,10 -0,47 (0/10)
Norway 0,98 3,96 2,59 2,30 2,65 0,07 -1,6 0,48 1,22 3,09 (3/10)
Sweden 2,34 4,23 3,16 4,30 3,31 -0,61 -5,03 6,56 3,71 0,74 (6/10)
USA 2,55 3,48 3,08 2,66 1,91 -0,36 -3,11 2,38 1,80 2,21 (1/10)
Again as is often the case on this topic. Lots of partisan blabber, little connection with reality.