Supply-Side in Sweden?
In contrast to Greece (and the U.S.?) Sweden has taken the other path:
"Because of its inability to fix this problem, in 2006 the Social Democrats were voted out of power in Sweden. The new center-right government undertook a quite dramatic range of supply side policies,including large tax cuts, reduced unemployment insurance and tighter rules for sickness insurance. People going on early retirement and sick-leave are particularly big problems in Sweden, despite the fact that Swedes are very healthy."
Read the rest here.
Thanks to The Enterprise Blog.
"Because of its inability to fix this problem, in 2006 the Social Democrats were voted out of power in Sweden. The new center-right government undertook a quite dramatic range of supply side policies,including large tax cuts, reduced unemployment insurance and tighter rules for sickness insurance. People going on early retirement and sick-leave are particularly big problems in Sweden, despite the fact that Swedes are very healthy."
Read the rest here.
Thanks to The Enterprise Blog.
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