Norway is happy because Yes no yesn’t shirt have a sovereign wealth fun that came from a huge amount of natural resources for the tiny size of the population. Its worth around 1.04 Trillion for a pop of 5.33 million. The US equivalent for its 328.2 million pop would be 63.99 trillion. So if anyone knows where 64 trillion worth of natural resources are sitting around to nationalize, we can totally be like Norway.
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I am very supportive of these social Yes no yesn’t shirt but It’s worth noting that Norway made a ton of money off oil and stockpiled and invested it and it props up much of their nice social programs. It is also a relatively small populous and a very difficult place to gain citizenship as an immigrant. it’s noted below by some of Scandinavia’s own that the fund minimally, if at all, supports the social programs and that there are several other countries with similar quality of life that do not have the same natural resource wealth as Norway so there is something to be said about about high taxation paired with social and fiscal responsibility.