The Foundry - President Obama is making the first ever bilateral visit to Sweden by a sitting U.S. President. As The Heritage Foundation and Swedish think tank Timbro discussed in a recent Google Hangout, the President should learn from Sweden that advancing economic freedom, not big-government policies, is the driver of economic dynamism.
Sweden is no longer a typical European welfare state. Through deregulation, budget discipline, and an extensive overhaul of the welfare state over the past two decades, the country has transformed itself from a stagnant, benefit-based society to a vibrant modern economy.
As documented in the Index of Economic Freedom, Sweden has measurably advanced economic freedom over the past 20 years and dramatically narrowed the gap with America, whose economic freedom has been declining at an alarming rate. More PTG
No comments:
Post a Comment