Oh, those terrible European socialist welfare states…

Mitt Romney on the stump often talks about Europe and the “European socialist welfare states” as something dreadful. That’s not what he — unlike president Obama — aspires to for America, Romney says.

Romney did it again in his victory speech last night in New Hampshire. Europe — that’s not what we want, he said.

Well, well. I say you can do worse. Just take a look at recent news coverage about maybe the leading “European socialist welfare state” of them all, Sweden. The editorial board of Bloomberg News recently praised it in a comment called, “Sweden Shows Europe How to Cut Debt, Weather the Recession.”

“Sweden faces a difficult year, like every other European economy, but unlike the rest of the European Union, it’s equipped to cope. There are lessons here, especially for the EU’s other non-euro countries. “

Sweden, “the rock star of the recovery,” Washington Post wrote last year.

“This Scandinavian nation of 9 million people has accomplished what the United States, Britain and Japan can only dream of: Growing rapidly, creating jobs and gaining a competitive edge. The banks are lending, the housing market booming. The budget is balanced. Sweden was far from immune to the global downturn of 2008-09. But unlike other countries, it is bouncing back. Its 5.5 percent growth rate last year trounces the 2.8 percent expansion in the United States and was stronger than any other developed nation in Europe. And compared with the United States, unemployment peaked lower (around 9 percent, compared with 10 percent) and has come down faster (it now stands near 7 percent, compared with 9 percent in the U.S.).”

Not bad, not bad, at all, for “a socialist welfare state”…


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