Would we fail like Greece and Portugal? If we consider the failure of the public housing projects in th 1970's and 80's, does this give us a clue which outcome is more likely if we tried European style socialism in the USA? Jeff, why not learn something about the debt problems the USA is having, and get back to me. Actually, that was the whole point of the question. Do Norway and Sweden have a national debt that is nearly equal to their annual GDP? The USA does. I'd say we look more like Greece than Sweden. oohbother, the federal government owns 61% of GM. That's what owning stock means. But I'm asking, what if we had even more socialism, like some people keep asking for?
Politics - 10 Answers
Random Answers, Critics, Comments, Opinions :
1 :
It will fail! Look at our Constitution, and the Bill of rights!
2 :
You might try learning a little about the debt problem is Greece and ask this question again.
3 :
To me you ve already failed, close to 15 trillion in debt. What i like is how the Euroupean countries take care of eachother. Maybe if you guys werent as fanatical as the rest of the world, you d actually get some help.
4 :
The US isn't far behind due to the social programs put in place since FDR.
5 :
Sweden and Norway are deep in debt to. Its just a matter of time before they fail also
6 :
Depends on your definition of success. If success is defined as taking money away from those that have earned it and giving it to those that haven't then the USA would succeed. If success means making everybody get everything for free then it will fail. Unfortunately, the latter is what is basically being sold to the American public and they are going to be very disappointed when the reality of the truth sets in.
7 :
We have no socialism here. The US government has taken over no productive part of our economy - no manufacturer, no farmland, no mines, no wells... We loaned money to some manufacturers and took stock, but we do not control those companies - the hiring, firing, levels of production, prices, etc are not decided by our government. Social services are not socialism. Taxes are not socialism. The Roman Empire collected taxes and provided bread to the poor - were they socialists? And Canada owns 12% of their stock - but these two governments DON'T CONTROL THE BUSINESS. Control is part of the definition.
8 :
you have to be a racist!!! LOL Just because he is taking over production, nationalizing banks, redistributing the wealth doesn't make Obama a socialist!!! sarcasm off - edit to the poster above me... CITI (worlds largest bank) is now 86% US owned as is GM, Chrysler, AIG and more... so if that isn't proof enough for you then nothing will be.
9 :
Didn't Norway's economy meltdown last year? Or was it Sweden's? One of them did. It fails every time they try it. Socialism=economic suicide. Especially in a nation as big as ours. Proof? The USSR. Didn't even last 100 years. DESTROY ALL SOCIALISTS!
10 :
I don't really think you can compare any of those countries to the US. It's a population/size difference here that can't really be paired up. Also I really doubt the same kind of governing would ever work in the USA due to the millions of other differences. As for debt, I don't know much about Sweden when it comes to debt, but as far as Norway goes, we have this security net called the oil fund. It's basically a "savings account" where oil profits go, and for now we don't touch the actual capita (even though we could stand to tap into it a bit more) so the debt isn't really a huge problem. (The reason there even is debt is a question of liquidation of assets) As for Norway or Sweden having economic meltdown last year, sure you don't meant Iceland? (And just because I'm sick of hearing it, socialism is NOT the same as communism, and socialism in Norway and Sweden basically means that we don't leave our weaker countrymen out in the cold to starve and die. (Yes we have homeless people but very few and they are 99% people who refuse to take the help they are entitled to))
