Bayern, USA, Deutschland

Friday, February 25, 2011

Norwegian practicality

I receive a weekly Norwegian-American newspaper. In a recent issue, there was an article on Norway's pension fund. In brief, Norway invests the money made on their gas and natural gas drilling into a pension fund. Norway has funded a full pension for every single Norwegian with these investments.

It makes me wonder. America has many resources, but we squander them too often. I don't know if we could set up some sort of investment system like Norway has, as they have only a few million citizens compared to America's 300+ million. But it makes me wonder why we refuse to safely utilize and extract our natural resources of coal, natural gas, and oil, among many others.

It just seems to me that Norway has embarked on a practical course of social security, while we have constantly raided our social security savings to pay for other projects in the budget so that their is practically nothing left for those who will retire in the next couple of decades. I wish our leaders could put forward some sort of practical plan to prepare for the future.

1 comment:

amulbunny's random thoughts said...

Ah but dem Norwegians, dey are da socialists and ve don't vant no socialist tinge to our government.

Most of Europe has nationalized health care and they haven't fallen down the rabbit hole. This nation is consumed by needless fear which has tainted the souls of those who purport to represent us. Had this nation done as Norway did we wouldn't be worrying about social security for us when we retire and how we would manage our lives. But the Scandinavians have been been around a lot longer than this nation so we've got a long way to go.

Packers Forever!