Krugman Urges Scandinavia to Protect Welfare U.S. Dreams Of
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Nobel Laureate Paul Krugman questioned efforts to rein in welfare in Scandinavia after Denmark abandoned its universal benefits model and Sweden started prioritizing tax cuts over spending.
“It’s not clear that the crisis required these actions,” Krugman said yesterday in an interview in Oslo after speaking at an annual conference held by Skagen Funds. “It’s not clear that anything that’s happened says that tax cuts should be a priority for the Swedes.”