Sweden
Sweden is a powerful example of the importance of public policy. The Nordic nation became rich between 1870 and 1970 when government was very small, but then began to stagnate as welfare state policies were implemented in the 1970s and 1980s. The Center for Freedom and Prosperity Foundation video explains that Sweden is now shifting back to economic freedom in hopes of undoing the damage caused by an excessive welfare state.
Highlight: The "peeing in your pants" analogy as an economic model about half way through is priceless.
Related: Income distribution in the U.S vs. Sweden (HT: Nick Schulz)
4 Comments:
Makes sense to me, unfortunately when the word "economics" is brought up every libtard seems to lose concentration and start shouting in various tongues to confuse and repel the intelligent person into "giving up" and then declaring him/herself the winner.
Nick Lidstrom, a beloved member of the Red Wings chooses to spend most of his time in the U.S. instead of his own country Sweden due to Sweden's tax system even though he wants his kids to grow up "swedish". I have a feeling he'll be fleeing the U.S. very soon.
Another good post on Sweden's economy:
http://super-economy.blogspot.com/2010/03/super-economy-in-one-picture.html
This is a useful and instructive video, especially in these times, thanks...
Well apparently there are many progressive politicos and citizens who can't or won't learn from history...
Here's an example from the Tax Foundation: "Amazon Tax" Laws Signal Business Unfriendliness And Will Worsen Short-Term Budget Problems
March 8, 2010
More States Considering Affiliate Nexus Tax Despite Failures in Other States
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