Initially, I thought the income tax cut would be great for the lower income families but your math quite simply shows otherwise.
Everyone tells me Norway has it all figured out. What are they doing.
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Initially, I thought the income tax cut would be great for the lower income families but your math quite simply shows otherwise.
Everyone tells me Norway has it all figured out. What are they doing.
Norway is a good example of people who understand investing and "not getting high off your own supply". They have oil, but aren't corrupt like Venezuela, so instead of it being leeched out, it was put into funds. Norway owns about 2% of all the stocks in the world. Not bad for a population of 5.5M people.
This means that they can invest into all kinds of things, including green tech. They have the highest per capita ownership of electric cars. They generate electricity from water and wind, selling their oil abroad. They also invest heavily into their people's education.
Costs are high in Norway if a tourist - but okay if local.
That sounds more like it. These dragons across the world getting fat and lazy lounging on their hoard of gold don't have power over Norway? Maybe it was a well-spent era of benevolent dictation that locked that system in place? I have been meaning to take a look at their history for a while and may just.
'Til then, we can live with our taxers and interest rate fiddlers pretending they have their houses of cards under control.
They are descendants of Vikings - they are use to working together to conquer larger opponents with coordinated attacks. I think it comes down to working toward a common good more than competing to be the best of the group.