Home > Austrian Economics, Keynesian Economics > What’s the world comming to, Sweden no longer the liberal paradice?

What’s the world comming to, Sweden no longer the liberal paradice?

Sweden has long been the example many Leftists have used to “prove” that their policy proposals will work. Never mind a large Government sector that feeds itself off of “Evil” Oil. Or a population make up that is one of the most uniform in any nation in the world. Those can’t possible have any effect, or at least that’s how the Leftists used to say.

I say used to because that’s all changing now. The global economic crisis messed up those Swedes more than it did anyone in the US. They did something that most Keynesian economists would call irrational. They elected a Center-Right coalition government. For not one, but now two terms.

Sweden’s ruling center-right coalition won re-election Sunday, marking a historic moment as a non-socialist government was elected to a second term for the first time in the country’s political history.

The ruling conservative coalition, which came into power in 2006, imposed a string of austerity measures and managed to turn Sweden’s economy into one of the strongest in Europe, with an expected growth of 4.5 percent this year. The crisis management appears to have impacted many voters.

“I think the economy is the key issue,” said one man at a Stockholm polling station. “I think Sweden has done very well for the last few years during the global financial crisis, and I hope the government will stay on.”

Growth in the absence of Government spending? This kind of news makes Liberals and Keynesians heads spin. They can’t handle it. No doubt you won’t be hearing about Sweden anytime soon.

  1. Woodhull
    September 21, 2010 at 20:20

    Jeeze, Louise. First Castro questions his legacy and now Sweden? What in the world is the world coming to?

  2. September 21, 2010 at 20:26

    I know…who are the progressives going to idolize now?

  3. Woodhull
    September 23, 2010 at 21:09

    Workers of the World Unite, I think.

    • September 29, 2010 at 10:12

      Well I saw a comment in Chuck Norris’ commentary on townhall, where the Lib troll flaunted Sweden….(face palm)

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