This NY Times article said so. I wrote a letter to the editor but it looks like it will not get in. Here it is:
Anu Partanen and Trevor
Corson claim that Finland shows that high taxes can be good for business
("Finland Is Our Capitalist Paradise," SundayReview, Dec. 8). The
taxes pay for government programs like health insurance that "liberates
businesses to focus on what they do best: business." They believe the
outcomes in Finland are superior to those in the United States. But, according
to the CIA World Fact Book, U. S. per capita GDP was about 33% higher than in
Finland in 2017 ($59,800 vs. $44,500). Finland's unemployment rate so far this
year is 6.7% while the U.S. is under 4%, according to the OECD's Harmonised
Unemployment Rate. Finland has averaged 8.56% the last five years while the
U.S. has averaged 4.9%. Women might even be worse off under "Nordic"
capitalism. According to Vanessa Brown Calder, Senior Policy Advisor to
Congress's Joint Economic Committee, “14.6 percent of U.S. working women are
managers, while in Norway, Sweden, Finland, and Denmark, just between 1 and 4.6
percent of working women are managers.” None of these issues were raised by Partanen
and Corson. So, we should be careful before we adopt any of Finland’s policies.
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