View from the Center and Left Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bread Upon The Water who wrote (246537)	3/5/2014 10:30:12 AM
From: Steve Lokness	Read Replies (2) of 541805

Of course, the oil has helped. Hard to argue against that. I was thinking about my post and decided I had not made the argument I was trying to. ........There is very little doubt that the social programs in Norway are generous. They do take care of their people and they have just bunches of money to do that with, but my point to the Krugman piece was that there is a huge difference in the culture of the social safety nets between Norway and the US. Krugman would adore the business culture that puts jobs above profits - but that is just not us. I would like that too as most here I imagine, but there isn't a chance in hell that business culture will ever be adopted in America. The other point I tried to make is that while Norway has generous benefits - they are of a different kind. They have a different feel to them. The culture is just way different. With a retirement age of 67 and with the strings attached to unemployment - that is limited - they haven't abused their wealth with lavish giveaways. They not only pay for their programs they put huge amounts of money into savings.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next