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Haha, the author is quite funny, citing competitive countries that are neither particularly low taxes (relative to salaries) nor in lack of a reasonable welfare
by ggrrhh_ta 8y ago
Haha, the author is quite funny, citing competitive countries that are neither particularly low taxes (relative to salaries) nor in lack of a reasonable welfare system - but, and that's the point, with lower salaries and much lower purchasing power. It reminds me of this 2005 article in the Brussels Journal (https://www.brusselsjournal.com/node/510 https://www.brusselsjournal.com/node/510), putting Spain as a growth model against the Scandinavians :-D I guess that if the author would analyze their own messages more critically they would then conclude that welfare or not, what is not sustainable is fast growth grounded on weak foundations.