Friday, May 18, 2012

Sweden's Progressive Agenda A Totally Failure

Wonders of wonders - here is the poster child for the progressive left socialists Democrats in this country that believe the more the government takes control of lives, the more prosperity we all will experience.

It was false ever since the progressives have been in control for the past 60 years, and it is still false today as the Swedes are proof. Progressivism is a lie. Socialism is a lie. Progressive liberal socialist left Democrats are a lie.

But we don't have to go to Sweden to see the proof - just take a look at Wisconsin. Ten years of progressive liberal Democrats equals 3.6 billion in debt, huge tax increases every year, rising unemployment and economic growth nonexistent.

One year of Conservative rule the debt is gone, 154 million is surplus, local communities have saved nearly a billion dollars under Act 10 legislation, unemployment rate below the national average at 6.6%, income tax saw a decline, the first in 12 years and layoff for public employees was nearly nonexistent. Layoff only occurred where the unions were to strong for weak elected officials like Tom Barrett in Milwaukee and Soglin in Madison.

To the progressive liberal socialist left Democrat this is intolerable. This has to stop. Recall all those responsible so we can go back to the old days of huge debt and  collapsing economic growth. Does this make sense? Sure, if you are a progressive.

Sweden's Reputation As a Welfare State Is In Trouble
Source: "Sweden's Reputation as A Welfare State Is In Trouble," Investor's Business Daily, May 11, 2012.

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 now seems that this depiction of the European nation is unfair and misleading, as the country has implemented a series of reforms that have moved it significantly toward the right, says Investor's Business Daily.

The turnaround has been driven in no small part by the election of Fredrik Reinfeldt as prime minister in 2006.

•Reinfeldt took office in October 2006, and by January of 2007 his government had begun tax-cutting.
•It also began cuts in welfare spending as part of a general move toward austerity, attempting to make cuts in its extensive government debt.
•Finally, it has made a concerted effort to deregulate the economy in order to encourage entrepreneurialism and business investment.

This move to the right has yielded significant benefits for a country that was once the quintessentially Left nation of Europe.

•Sweden fell into recession in 2008 and 2009, but it's pulled strongly out of the decline, posting gross domestic product (GDP) gains of 6.1 percent in 2010 and 3.9 percent last year, when it ranked at the top in Europe's list of fastest-growing economies.
•This compares to America's anemic growth over that same period -- 3 percent in 2010 and 1.7 percent in 2011.
•Additionally, while the United States continues to struggle with its jobs problem (unemployment currently sits at 8.1 percent), Sweden's jobless rate has fallen to 7.5 percent.
•Though still higher than the government would like, 7.5 percent is far below the euro zone average of 10.2 percent and significantly lower than the rates in Spain (21.7 percent), Portugal (12.9 percent) and the United Kingdom (8 percent).
•Furthermore, Sweden's government debt as a share of GDP has dipped below 45 percent for the first time in decades and now is situated at a much-preferable 38.4 percent.

Sweden's Finance Minister Anders Borg has emphasized that all of this was accomplished without the massive stimulus spending that was instituted in other countries. Rather, it was through measures of austerity that Sweden weathered much of the recessionary storm.





No comments: