Finns live in smaller homes than Americans and consume a lot less. They spend relatively little on national defense, though they still have universal male conscription, and it is popular. Their per capita national income is about 30 percent lower than ours. Private consumption of goods and services represents about 52 percent of Finland's economy, and 71 percent of the United States'. Finns pay considerably higher taxes - nearly half their income - while Americans pay about 30 percent on average to federal, state and local governments.
Robert G. KaiserRelated topics
caput conscription consumption federal goods half less live lower male national pay spend state tax universal while higher homes StatesRelated quotes
All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.
Ha-Joon Chang
It is interesting to note that in nearly all the economics courses it is taught that the income tax is the proper instrument for the regulation of the country's economy; that private property is not an inalienable right (in fact, there are no inalienable rights); that the economic ills of the country are traceable to the remnants of free enterprise; that the economy of the nation can be sound only when the government manages prices, controls wages, and regulates operations. This was not taught in the colleges before 1913.
Frank Chodorov
Reaganites learned it is POLICY change that changes economic trajectory. Reagan's successes were built on establishing a fiscal framework that invigorated our entire economy, revitalized growth and investment while decreasing spending, tax rates, over-reaching regulations, unemployment, and favoritism via individual subsidies. We need Reaganites in the new Administration. However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in churches, not in businesses.
Sarah Palin
Obama-Clinton economic policies have produced 1.2 percent economic growth, the weakest so-called recovery since the Great Depression. Now, this is, like, unbelievable - 1.2. Do you know China goes to 7 percent or 8 percent, it's like a national catastrophe. Now, what they do is they cut their currency. They devalue their currency, and big league, and then all of our businesses continue to be drained out of the United States. Our money, our jobs. They make our product, they sell our product to us. No tax, no nothing, you devalue - see devaluing is sort of cheating.
Donald Trump
[P]roperty in slaves, recognized as such by the local law of any of the States of the Union, shall stand on the same footing in all constitutional and federal relations as any other species of property so recognized; and, like other property, shall not be subject to be divested or impaired by the local law of any other State, either in escape thereto or of transit or sojourn of the owner therein; and in no case whatever shall such property be subject to be divested or impaired by any legislative act of the United States, or of any of the Territories thereof.
Jefferson Davis