George Rebane

Sen Bernie Sanders’ lies are too many to count, but one that he keeps repeating successfully to the nation’s light thinkers involves the myth of Scandinavian socialism.  This is the kind of socialism that Bernie wants to incorporate in the United States, and he continues to use Sweden as the posterchild of how socialism can be made to work successfully.  Either he is butt stupid or evil as he spreads the lies about Swedish socialism.  Let’s be kind and put Bernie with the butt stupid crowd, that includes the Dem candidates clown car and Team AOC, as they were characterized by Will Rogers’ “It ain’t what you know that worries me, it’s what you know that ain’t so.’

Sweden was a model and wealthy capitalist democracy before 1960, having gone through two world wars as a neutral selling their wares to the highest bidders.  Along with the other Nordics, Sweden then tried socialism to redistribute its remarkable wealth and earn votes for its leftwing politicians, and that failed miserably over the next two decades.  As a result, each pulled back toward marked capitalism after enjoying the tender mercies of socialism.  Sweden led the way after having doubled public spending from 31% to 60% in the 1960-80 interval.  And then the real problems started piling on which ended with unemployment surging and budget deficits of 11% of GDP in the late 80s (that’s like almost $3T annually in the US).  The country literally went broke as the wealthy, the producers and entrepreneurs jumped ship.  The pullback to sanity started in 1991 and has been going on ever since.  And that has been the best kept secret of our progressives and their lamestream lackeys (witness its effect on our local liberal commenters).

Swedish historian and author, Johan Norberg (also senior fellow at the Cato Institute) lays out the history of this wise retrenchment to sanity in his ‘Sweden’s Lessons for America’.  Norberg reports that –

Sooner or later, American socialists always return to Sweden and other Nordic countries. There’s a good reason for that. For some reason, the countries that socialists originally tout always end up with bread lines and labor camps. But there’s always Sweden: decent, well‐​functioning, nonthreatening, and with impeccable democratic credentials. … There is just one problem: Sweden is not socialist. … If Sanders and Ocasio‐​Cortez really want to turn America into Sweden, what would that look like? For the United States, it would mean, for example, more free trade and a more deregulated product market, no Fannie Mae and Freddie Mac, and the abolition of occupational licensing and minimum wage laws. The United States would also have to abolish taxes on property, gifts, and inheritance. And even after the recent tax cut, America would still have to slightly reduce its corporate tax. Americans would need to reform Social Security from defined benefits to defined contributions and introduce private accounts. They would also need to adopt a comprehensive school voucher system where private schools get the same per‐​pupil funding as public ones.