http://snbchf.com/global-macro/gdp-growth-per-capita/
As the proverb goes, we need to take the plank out of our own eye. Those commies in Sweden are kicking our libertarian asses.
http://snbchf.com/global-macro/gdp-growth-per-capita/
As the proverb goes, we need to take the plank out of our own eye. Those commies in Sweden are kicking our libertarian asses.
If the typical American isn't prospering, what good is it?
Well, neither is the typical Swede. They have an astronomical housing bubble that's just waiting to burst, the average household has a debt around twice the income, while the gap between rich and poor has been widening for a long time now.
It's not all roses and relative to where they are, most seem to be preparing for worse days ahead, rather than better ones.
I'm not claiming the wealth gap in Sweden is healthy on an absolute scale, but relative to the US it's about half. Every economy has challenges, but the historical results I posted show that US chest-thumping is exceptionally silly.