Is Scandinavia really better than the United States?

One of this blog’s socialist readers recently waxed eloquent about the economic virtue of Sweden, Norway, Finland, and Iceland, aka the Scandinavian countries.

She made some compelling points:

“If you look at countries with a strong welfare model, like in Scandanvia, they pay up to 60% in tax, have high rates of benefits yet low levels of unemployment. Raising the social safety net has made them the best and most productive places to live in the world, with the lowest levels of income inequality.”

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