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not sure if following the nortic model would be very smart at all
us debt to GDP ratio....currently about 100% (our national debt is equal to the gdp (ballpark figures))
norway 210% of its gdp
((((fyi on the other northern Europe countries: finland 215% of its gdp .. sweden 269% of its gdp ..denmark 308% of its gdp.....netherlands 369% of its gdp))))
denmark and norway have high costs of living, ultra high taxes..high crime, and a poverty problem too
I was reading this until I hit the part about high crime in Denmark and Norway..... ROTFL
Murder rates:
USA - 4.7
Denmark - 0.8
Norway - 2.2
Definitely crime is a problem in Scandinavia and so is poverty, especially when compared to the US lol
not sure if following the nortic model would be very smart at all
us debt to GDP ratio....currently about 100% (our national debt is equal to the gdp (ballpark figures))
norway 210% of its gdp
((((fyi on the other northern Europe countries: finland 215% of its gdp .. sweden 269% of its gdp ..denmark 308% of its gdp.....netherlands 369% of its gdp))))
denmark and norway have high costs of living, ultra high taxes..high crime, and a poverty problem too
denmark is one of the wealthiest countries and has a high poverty rate, especially among imigrents:
17.3% of all Danish children, almost 200,000 in total, were touched by poverty .....that's higher than the USA
hmm the nortic model:
small population...... 4.9 million....smaller than NYC
WHITE RICH population (norway is the second most wealthy country in the world)
22% of their GDP is from OIL EXPORTS
very LIMITED immigration......the usa has 20 million ILLEGAL immigrants and annual legal immigration of legal of about 1.5 million
very limited fast/fried food
norway has a MANDITORY MILITARY OBLIGATION (conscript) for 2 years for males....voluntary for females
another key factor:.....The state has large ownership positions in key industrial sectors, such as the strategic petroleum sector (Statoil and Aker Solutions), hydroelectric energy production (Statkraft), aluminium production (Norsk Hydro), the largest Norwegian bank (DnB NOR), and telecommunication provider (Telenor). The government controls approximately 40% of the stock values at the Oslo Stock Exchange. Norway is a major shipping nation and has the world's 6th largest merchant fleet, with 1,412 Norwegian-owned merchant vessels. The country is richly endowed with natural resources including petroleum, hydropower, fish, forests, and minerals. Large reserves of petroleum and natural gas were discovered in the 1960s, which led to a boom in the economy.
other key factors:
1) They don't manage a world empire and the military it takes to hold it (like the USA does).
2) They don't constantly give their citizen's money away to other countries (like the USA does).
3) Their politician's don't bribe their citizen's into voting for them by promising stupid (and expensive) programs if elected (like the USA does).
4) They drill off-shore like there is no tomorrow (yet the "greens" never mention this) and they tax heavily on it.
5) Their citizen's pay 53 cents per dollar in taxes.
6) They operate on a balanced budget principle that BOTH DEMOCRATS & REPUBLICANS REFUSE TO EMPLOY!
they make their money through ....CAPITALISM
oh and they hhave been having a real tough time with the world wide recession too:
norway is having a lot of financial problems over the last 4 years.......even The Lillehammer factory which has produced the famous Norwegian cheese slicer is bankrupt..... the organizers of Norway's biggest summer music festival have declared bankruptcy for the second time in 3 years.......Sea Launch Company, LLC bankrupt........Absolute Poker owners are bankrupt .......in 2009 more than 140 Norwegian building companies have submitted applications for bankruptcy. It is on 30 % more, than the year before.
while norway was not hit as hard during this world recession..they did feel it
oh and, norway ... ABOLISHED their wealth tax
to sit there and compare or contrast Norway to the usa, would be like comparing apples to automobiles
I read as far as your first point on debt to gdp ratio and had to stop there. Where did you get your numbers? Because Norway's debt to gdp ratio is 29,5%, Finland's is 57%, Sweden's is 40,6%, can't be bothered to look up any more but you can see how different the numbers are.
There is, but there level of inequality is nowhere as high as ours.
Their governments don't need to promote income inequality to maximize tax revenue to pay for their government and generous social programs because they rely instead on much more regressive tax systems than does the U.S.: Other countries don’t have a “47%” - The Washington Post
The result is more income equality and more generous government social programs.
Why shouldn't we have it in the US? It would make this country much more prosperous. The Nordic Model is the best example of a mixed economy thus far. Why Americans oppose it? I have no idea.
Because, as all lefties do, you pretend that government is what make this work.
Nothing could be further from the truth.
Traditionally, they all had strong national and ethnic identities tied to a culture of work and productivity. The welfare state has all but destroyed this culture, and even they, as stubborn and fool-headed as they are, have begun to realize this and start reducing the welfare state.
Here, people like yourself spend your entire life attacking the culture of self sufficiency, and then you whine that those who understand it all oppose your agenda of destroying that culture of work, which is the ONLY thing that could bring a nation through a government designed to encourage dependency and laziness.
Why shouldn't we have it in the US? It would make this country much more prosperous. The Nordic Model is the best example of a mixed economy thus far. Why Americans oppose it? I have no idea.
I think its a brilliant idea. Problem is the 1% and the corporations run this country and ANYONE who tried instituting the Nordic Model here would be "dealt with"....JFK tried screwing with the 1% and the Fed Reserve etc...we saw what happened there...For the NM to work here the country would have to collapse and started over. Also another thing is in countries with that model I would say 99% of the people either work,go to school or are home makers...not living off welfare popping out illegitimate children left and right.
Why shouldn't we have it in the US? It would make this country much more prosperous. The Nordic Model is the best example of a mixed economy thus far. Why Americans oppose it? I have no idea.
You answered your own question. It won't work here because too many Americans oppose it. It works in Nordic countries because their citizens support the model. Anything will work as long as it enjoys a wide support. The people will make it work, but here the opposition is so strong that it doesn't have a chance. I'd say that anything less than 70% support is going to make is very difficult to work.
Well for one thing Norwegians see their homeland as the past, present, and future land of them and their heirs. Here? You're a racist.
How's their immigration policy? Fantastic. Millions of people flooding their borders? Sure we can copy their programs, what would be different I mean we only have 9 cities in America each with more population than their entire country.
It's so simple, why hasn't this been thought of before?
Agreed almost like it's "Japanese" there in how Norway rolls. Many strict rules even if many of them ain't the "law" and people OBEY them.
Too; that might explain why the Vietnamese who move there, legally, make damn sure to become "Norwegian" in culture real quick unlike so many Hispanics in the US.
I think its a brilliant idea. Problem is the 1% and the corporations run this country and ANYONE who tried instituting the Nordic Model here would be "dealt with"....JFK tried screwing with the 1% and the Fed Reserve etc...we saw what happened there...For the NM to work here the country would have to collapse and started over. Also another thing is in countries with that model I would say 99% of the people either work,go to school or are home makers...not living off welfare popping out illegitimate children left and right.
Agreed tho many babies ARE born to unmarried couples in Norway, but those kids DON'T turn into PWT hood rats.
Lefties don't realize that the Nordic people don't just sit around waiting for a check. They are hard working and industrious.
Most college grad 20 something's from America wouldn't last 6 months up there.
I don't think that is true. Many Nordics do sit on their butts and do nothing, but a certain percentage of such people are accepted as a fact of life. They are also not as hard working and industrious as you think. Working overtime is common, but only because the law mandates you get paid for OT. Remove that mandate, the most would not work OT.
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