P@triot
Diamond Member
- Jul 5, 2011
- 61,483
- 11,680
- Thread starter
- #201
Sweden, Finland and Denmark are all doing quite well. You don't get more liberal than that
Beat the hell out of "Botswana"
Ok [MENTION=20321]rightwinger[/MENTION] - are you ready to talk about DENMARK?
Denmarks economic freedom score is 76.1, making its economy the 9th freest in the 2013 Index. Its overall score is essentially the same as last year, with modest improvements in the management of public spending and freedom from corruption counterbalanced by declines in labor and investment freedoms. Trailing Switzerland, Denmark is ranked 2nd out of 43 countries in the Europe region.
The Danish economy performs remarkably well in regulatory efficiency, and open-market policies sustain flexibility, competitiveness, and large flows of trade and investment. The transparent and efficient regulatory and legal environment encourages robust entrepreneurial activity. Banking regulations are sensible, and lending practices have been relatively prudent. Inflationary pressures are under control. The judicial system provides strong protection for property rights, and anti-corruption measures are firmly institutionalized.
The European sovereign debt turmoil entails elevated risks for Denmark, particularly with regard to the soundness of the financial sector and long-term fiscal sustainability. Banking has been under increasing strain, and public spending continues to be over half the size of the economy. The overall tax regime needed to finance the large scope of government remains burdensome and complex, although institutional assets such as high degrees of business efficiency and regulatory flexibility have counterbalanced some of the shortcomings of heavy social spending.
That's right folks - the 9th most conservative economy in the world. Oh, and lets not forget this little gem towards the bottom of the article:
"The government took small steps in 2012 to cut back on welfare state benefits and costs."
Denmark Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption
Denmark has actually surpassed the United States in economic freedom thanks to the Barack Obama. And rightwinger wants to declare it a "liberal authoritarian state" as "proof" that liberal policy doesn't collapse nations (as we've already seen over and over in Greece, Cuba, Cambodia, etc.)?
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The United States, with an economic freedom score of 76, has lost ground again in the 2013 Index. Its score is 0.3 point lower than last year, with declines in monetary freedom, business freedom, labor freedom, and fiscal freedom. The U.S. is ranked 2nd out of three countries in the North America region, and its score remains well above the world and regional averages.
Registering a loss of economic freedom for the fifth consecutive year, the U.S. has recorded its lowest Index score since 2000. Dynamic entrepreneurial growth is stifled by ever-more-bloated government and a trend toward cronyism that erodes the rule of law. More than three years after the end of recession in June 2009, the U.S. continues to suffer from policy choices that have led to the slowest recovery in 70 years. Businesses remain in a holding pattern, and unemployment is close to 8 percent. Prospects for greater fiscal freedom are uncertain due to the scheduled expiration of previous cuts in income and payroll taxes and the imposition of new taxes associated with the 2010 health care law.
United States Economy: Population, GDP, Unemployment, Inflation, Spending