And with all the debt the USA has, wouldn't socialism fail just as badly here as in Greece? Our national debt is nearly equal to our annual GDP. That's a lot of debt.
Politics - 6 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It all depends on their policies. The US states were broke back in 2004.
2 :
I have been saying it all this time. Is all about population size. Sweden has only 10 million people. That is the same amount of people that live in New York. If people would stop having so many darn kids they would have a much better standard of living. Greece population is way bigger than that of Sweden and Norway. There is only so much to go around.
3 :
Greece cooked the books
4 :
Because Greece's problems are the problems of the Greek people. The US should pay attention to that idea.
5 :
The Greek Socialist government is newly elected. The COnservative government caused the mess. A lot like what happened here.
6 :
The political systems are hardly comparable. Greece's main problem is widespread corruption in the government, as well as a bloated bureaucracy that cots a lot of money to maintain, without doing anything. In a recent news article there was an example of a huge public office that was in charge of overseeing a lake - only the lake dried out in the 1930s. There were also examples of public officials getting bonus checks for showing up for work on time. In Norway and Sweden, corruption is virtually non-existing. As for the Norwegian and Swedish systems, they're not purely socialist. The economies are built on an unclear mix of socialist and capitalist ideals, for example by allowing free competition in public transport, but having the government deciding who gets to operate based on bidding rounds. I read somewhere that economists hate Scandinavia because the countries simply don't fit into any of their nice economic models. It's a joke of course, but I believe there is some truth to it. There is some interesting comparisons in this article: http://www.nytimes.com/2009/05/14/business/global/14frugal.html?_r=1
