Sweden on the right path

[Peter1469]

The president has been accused of seeking to turn the U.S. into an Americanized Western European welfare state. If he insists on imitating one particular model, we suggest he follow the Swedish paradigm.

Sweden has a reputation as the prototypical cradle-to-grave socialist European nation, and the political left has long yearned for America to be more like the Scandinavian nation.

But it's looking through a smudged window. With little notice, Sweden has changed.

http://news.investors.com/article/61...wth.htm?p=full

[Conley]

Far from hurting Sweden's economy, the changes have improved it. And they'll likely help to protect it from the 0.3% economic decline now forecast for the euro zone in 2012.

Sweden fell into recession in 2008 and 2009, as did many developed nations. But it's pulled strongly out of the decline, posting GDP gains of 6.1% in 2010 and 3.9% last year, when it ranked at the top in Europe's list of fastest-growing economies.

These GDP numbers are even more impressive when you consider they're cutting government spending which is part of the GDP formula. I'm surprised the outlook for the euro zone is that positive too. I would think it would decline a lot more than 0.3%.

[Peter1469]

Very good point.

[MMC]

There it is.....Sweden takes the lead and says. Cut the Government Spending.

[Peter1469]

There it is.....Sweden takes the lead and says. Cut the Government Spending.

And Iceland took the lead on refusing to use tax dollars to back bankers' losses.

These are examples for all of us. Break the elite that believe that they control us.

[Conley]

And Iceland took the lead on refusing to use tax dollars to back bankers' losses.

These are examples for all of us. Break the elite that believe that they control us.

Yes. Those elites will do everything they can to convince everyone that diverging from the path would mean the end of everything. They are the embodiment of the the 'too big to fail' concept.

[Peter1469]

Yes. Those elites will do everything they can to convince everyone that diverging from the path would mean the end of everything. They are the embodiment of the the 'too big to fail' concept.

Again, spot on Conley!

[Conley]

You're going to give me a complex.

[MMC]

You're going to give me a complex.

Well it wont be like those Apt Complexes in Mumbai.