May 15th, 2005

fashionable

Want the American Dream?

Then move to Sweden. A new study indicates that you'd have more class mobility in Sweden (i.e. you could strike it rich easier) despite their socialized systems and higher tax burden on the rich. For most Swedes, taxes are only marginally higher than in the U.S., and they provide services that actually save them money as compared to Americans... such as free medical care.

So, what killed the American Dream? By all indications, it's been a gradual shift in the tax burden from those earning the most to those earning less. Class mobility is actually higher when you don't stick it to middle class Americans. Who would've thunk?!