> ## Content Index
> Fetch the complete content index at: https://thedailyeudemon.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# The Swedish Deal
- URL: https://thedailyeudemon.com/5058/
- Published: 2006-09-25T06:37:53.000Z
- Updated: 2006-09-25T06:37:53.000Z
- Author: Eric Scheske
- Tags: Current Affairs, Economics, #wpChunk

[Great commentary at Spero about the reality of Sweden's welfare state and economy](http://www.speroforum.com/site/article.asp?idcategory=34&idSub=158&idArticle=5664&ref=thedailyeudemon.com). Excerpt:

> A closer examination, however, reveals that the famous "Swedish Model" does not work very well. This system, which combines high taxes and a large government sector with laissez-faire policies in other areas, is supposed to generate strong growth while also providing protection against the vicissitudes of a market-based economy.

> This system may work better than the "Continental Model" of across-the-board big government, which has caused stagnation in places like France and Germany, but it is not a recipe for economic prosperity. In 1970, Sweden was the world's third-richest nation, but it has fallen in the rankings as the welfare state has expanded.\[1\] Indeed, Swedes now have less per capita disposable income than the average Western European and also trail the U.S., Canada, and several Pacific Rim nations.\[2\] And, although the official jobless rate is about six percent, independent estimates suggest the real unemployment rate is between 15”“20 percent.