Archive for Sweden
Big Government Spending Does Not Lead to Improved Economic Growth
Posted by: Capitalist in Chief | Comments (0)Many politicians attempt to convince us that big government spending leads to economic growth and prosperity. Among the most egregious recent examples of this is the rhetoric of Nancy Pelosi. To Nancy Pelosi, every government spending results in more jobs and prosperity. Cap and Trade is about “jobs jobs jobs” to her, and the fact that it would bring up the cost of doing business and everything else is of no consequence. Some government spending for safety and order does facilitate... Read More→
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 CF&P Foundation (www.freedomandprosperity.org) video explains that Sweden is now shifting back to economic freedom in hopes of undoing the damage caused by an excessive welfare state. And yes, the Swedish woman presenter also talks about “peeing... Read More→