I am very anti-cronicapitalism and anti-socialism. I have no clue where our country is headed, but i read this little piece and it explained ecerything i fear. I don't know the right answer. I simply found this interesting.
I moved to U.S from Finland and I disagree with this author. Social services paid by high taxes cause under supply and excess demand.
My mother had ovarian cancer but due to long lines for surgery (you know that "free healthcare"?) she had to go to a private doctor. But since we assumed that in Finland people don't have to save for future illness, we had not saved for such incidents. It was not free.
On education I speak from a personal experience. I went through the education system all the way to high school after which I came to U.S college. Finnish education system is all about good averages for the sake of equality: best student are held back because it's not fair fair for poor students to fall back. And since there are no private schools, best students rarely reach their potential.
And here's another conundrum that's associated with public education and healthcare: tax payers finance the education of doctors who move to work to private sector resulting in double cost for tax-payers: we have to pay twice for healthcare if we have to go to private sector due to long waiting lines. That's the future of Obama Care.
Let's talk about Finnish labor markets. Finland is yet to record economic growth since the financial crisis. While other countries have taken tough structural reforms, Finland still has strict labor laws and overly generous welfare system. In fact young people can receive more monthly state assistance than from entry level employment. And if youngsters want to enter labor markets, labor unions prevent them with red tape.
Therefore I must say that the author has little understanding about this topic.
I moved to U.S from Finland and I disagree with this author. Social services paid by high taxes cause under supply and excess demand.
My mother had ovarian cancer but due to long lines for surgery (you know that "free healthcare"?) she had to go to a private doctor. But since we assumed that in Finland people don't have to save for future illness, we had not saved for such incidents. It was not free.
On education I speak from a personal experience. I went through the education system all the way to high school after which I came to U.S college. Finnish education system is all about good averages for the sake of equality: best student are held back because it's not fair fair for poor students to fall back. And since there are no private schools, best students rarely reach their potential.
And here's another conundrum that's associated with public education and healthcare: tax payers finance the education of doctors who move to work to private sector resulting in double cost for tax-payers: we have to pay twice for healthcare if we have to go to private sector due to long waiting lines. That's the future of Obama Care.
Let's talk about Finnish labor markets. Finland is yet to record economic growth since the financial crisis. While other countries have taken tough structural reforms, Finland still has strict labor laws and overly generous welfare system. In fact young people can receive more monthly state assistance than from entry level employment. And if youngsters want to enter labor markets, labor unions prevent them with red tape.
Therefore I must say that the author has little understanding about this topic.
