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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (923719)2/29/2016 2:20:54 PM
From: Wharf Rat  Read Replies (3) of 1577347
 
"They have much higher taxes on the middle class than we do"

They get much better bennies, too; like free college, health care, and day care.

Krugman: Democratic Socialism Has Made Denmark's Economy Best In World For Business

By Colin Taylor


Posted on October 20, 2015






Bernie Sanders and his economic vision for a new America has just gained a crucial endorsement. Famed economist Paul Krugman recently published a New York Times column in which used Denmark as an example of how Sanders’ style economics could work for the US. The article proves that the way conservatives view economic policy is shortsighted and misguided—socialism is not evil or counter-intuitive. Denmark is a democratic socialist country; Danish people have the highest quality of life in the world, and Forbes has rated Denmark as the best economy for business in the entire world – for the third time in five years.
Krugman particularly addresses Republicans who think of debt-ridden Greece when they think of a European economic model, instead of focusing on a country with numerous benefits and a prosperous economy. “The Danes get a lot of things right, and in so doing refute just about everything U.S. conservatives say about economics,” Krugman noted. Denmark sounds like a fiscal dream world compared to the US; Danes have a high-functioning welfare state in which the government provides a safety net for its people. This means each individual is guaranteed economic security and therefore freedom from poverty—everyone benefits from this type of system, not just the 1%.

To put this expression of democratic socialism into context, everyone in Denmark receives a free college education and universal health care, students are given a stipend and child day-care is subsidized heavily. Working-age families in Denmark are given three times as much aid as those in the US as a share of G.D.P.

occupydemocrats.com
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