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Norway using oil money wisely
Thursday, May 10th, 2012
May 09 2012
The paradox is that Norway does not use the benefits of its oil reserves to fund the costs of government and of social programs, including education… The Norwegian government, with citizen support, has decided to fund its social programs with high levels of taxation. At the same time, as McQuaig indicates, Norway manages “to compete effectively in the global economy.” Norway, using proportional representation and electing large numbers of women, has good forward-looking government. Canada does not. Norwegian students and citizens benefit, Canadians do not.
Tags: economy, ideology, standard of living, tax
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