[TriLUG] OT: URGENT: H.129 to be heard in Thursday's Finance Committee!

[David Hostetler]

"I call shenanigans.  The next paragraph after the above quote is:

However, the reforms enacted during the 1990s seem to have created a
model in which extensive welfare benefits can be maintained in a global
economy."

Just a couple of points from the same article:

Sweden is a world leader in privatized pensions and pension funding problems
are small compared to many other Western European countries.

Swedish labor market has become more flexible, but it still has some widely
acknowledged problems.[16]<http://en.wikipedia.org/wiki/Economy_of_Sweden#cite_note-oecd2007-15>

And from the referenced article:

Sweden enjoys excellent macroeconomic performance with high rates of growth
and stable inflation expectations. However, tensions are visible at the
margin. Joblessness is widespread among immigrants and youngsters, and
disability and sickness rates are comparatively high. Combating exclusion
both in the labour and housing markets is a key challenge for policymakers.
Early steps in regulatory reform, taken in the 1990s are paying off in terms
of productivity and GDP, but renewed regulatory reform is needed inter alia
to address the low rate of business formation. Progress on this reform
agenda – employment in particular – is vital also for the long-run fiscal
outlook which is shaped by population ageing. This chapter identifies such
key challenges after first assessing recent macroeconomic developments
including the housing and construction boom.


>From the same article:

While several sectors in the economy have been deregulated...

Seems like they are offloading as many things as possible from the
government.  You see, you can't just look at one piece of the puzzle, you
have to look at the whole puzzle.  What you do here, really does effect what
happens over there.

Here's an interesting piece from the WSJ:
http://blogs.wsj.com/source/2011/03/11/swedens-tiger-economy-is-all-what-it-seems/?mod=google_news_blog

Then there is this:
http://www.economist.com/node/7880173?story_id=7880173


So, if a capitalist, extremely high export country hits a recession and
their taxes are near 50% of GDP, what happens?  Armageddon?  Could be.  Only
time will tell.

<http://en.wikipedia.org/wiki/Economy_of_Sweden#cite_note-oecd2007-15>
----
Dave Hostetler
M: 919.333.0591
hostetler.david at gmail.com


On Tue, Mar 15, 2011 at 6:51 PM, Lance A. Brown <lance at bearcircle.net>wrote:

>
>
> David Hostetler said the following on 3/15/2011 4:31 PM:
> > "Or, to take a counterexample, maybe Sweden or Norway, where the
> > population is less dense than ours and they still have managed to get
> > broadband penetration at a rate 30-50% higher than in the U.S. EUR90/mo
> > in Sweden will get you 1Gbps. Let me know when their imminent collapse
> > becomes even more imminent than it is now."
> >
> > Ha!  I didn't even have to look hard to find this.
> >
> > The crisis of the 1990s was by some viewed as the end of the much buzzed
> > welfare model called "Svenska modellen", literally "The Swedish Model",
> as
> > it proved that governmental spending at the levels previously experienced
> in
> > Sweden was not long term
> > sustainable.<http://en.wikipedia.org/wiki/Economy_of_Sweden#cite_note-12
> >
>
> I call shenanigans.  The next paragraph after the above quote is:
>
> However, the reforms enacted during the 1990s seem to have created a
> model in which extensive welfare benefits can be maintained in a global
> economy.[7]
>
> [7] ^ a b Steinmo, Sven. 2001. "Bucking the Trend? The Welfare State and
> Global Economy: The Swedish Case Up Close." University of Colorado, 18
> December.
>
> --[Lance]
>
> --
>  GPG Fingerprint: 409B A409 A38D 92BF 15D9 6EEE 9A82 F2AC 69AC 07B9
>  CACert.org Assurer
> --
> This message was sent to: Dave Hostetler <hostetler.david at gmail.com>
> To unsubscribe, send a blank message to trilug-leave at trilug.org from that
> address.
> TriLUG mailing list : http://www.trilug.org/mailman/listinfo/trilug
> Unsubscribe or edit options on the web  :
> http://www.trilug.org/mailman/options/trilug/hostetler.david%40gmail.com
> TriLUG FAQ          :
> http://www.trilug.org/wiki/Frequently_Asked_Questions
>