Money: Welfare Icon Denmark Now Wants People to Take Care of Themselves - PressFrom - Canada
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Money Welfare Icon Denmark Now Wants People to Take Care of Themselves

16:20  01 march  2017
16:20  01 march  2017 Source:   bloomberg.com

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In Denmark ’s case, it’s because of ideology. Greece, Italy and other highly-indebted countries are regularly urged by officials in Brussels to find The government now wants to raise the retirement age even further, to 67.5, and get students more quickly into the workforce by increasing the use of loans

Half of the people against welfare think that people just will be lazy. Correction. Lets also not forget Denmark , named the happiest country on earth, has a great WELFARE system. It is a good thing because people who work hard and have a big family it's hard for them to take care of their kids and

Denmark's flag © nicfotos/Getty Images Denmark's flag

(Bloomberg) -- When a European government raises the pension age and makes cuts to welfare programs, it’s usually because of dire finances. In Denmark’s case, it’s because of ideology.

Greece, Italy and other highly-indebted countries are regularly urged by officials in Brussels to find ways of reducing public spending or making their labour markets more efficient. But of Denmark, the European Union's commission said in its most recent report: Competitiveness indicators "don’t point to major challenges;" employment has "remained strong;" and the "risks to Denmark’s fiscal sustainability are low in the short, medium and long term."

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Denmark often comes out near the top of global surveys on liveability and happiness. Denmark has extremely high levels of social trust. People trust each other and trust institutions like the The idea is that everyone must contribute to the community and in return, the community will help care for all.

The government now puts line items on the voting ballet and they allow people to vote on things Although, A couple chapters are somewhat boring, With all the stats and history of welfare , The rest of While it is great to want to take care of everyone, everyone has the power to do so by their own

So why is the Scandinavian nation finding it necessary to make cuts to its fabled welfare programs? Driving the new government’s push is a desire to finance a major round of income tax cuts.

"We want to promote a society in which it is easier to support yourself and your family before you hand over a large share of your income to fund the costs of society," the government of Prime Minister Lars Lokke Rasmussen wrote in its manifesto.

It’s all part of a Danish drift toward the political right heralded at the start of the millennium by another Liberal Party premier named Rasmussen, Anders Fogh. The push to reduce levies in one of the most taxed societies in the world received new impetus in November, when two free-market groups joined the Liberals’ minority government.

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People 's Welfare (NSV) by 1939, an agency that had projected a powerful image of caring and support Before 1939, most health care had to be paid for through non-government organisations Nothing is more obvious today than the single inability of capital and private enterprise to take care of

Curious about what kind of people receive welfare in America? How many get Medicaid benefits? Medicaid is a health care program that provides free or low-cost care to qualifying individuals Aside from looking at the age and gender of welfare recipients, we wanted to take things one step further.

BC-WELFARE-ICON-NOW-WANTS-PEOPLE-TO-TAKE-CARE-OF-THEMSELVES © Peter Levring BC-WELFARE-ICON-NOW-WANTS-PEOPLE-TO-TAKE-CARE-OF-THEMSELVES Rasmussen hasn’t yet presented any detailed proposals, but much of the preparatory work has already been done. The above chart shows fiscal projections based on last year's plan to cut the top rate of income tax by 5 percentage points and boost the salaries of the lowest earners by an average of 7 percent. On that basis, balancing the budget would have been delayed by five years, with the deficit as a percentage of gross domestic product still at manageable levels.

The original proposal was eventually dropped after becoming a victim of a power struggle between the government and its biggest backer in parliament, the anti-immigration Danish People’s Party. A reconfigured cabinet is now hard at work on a new one, due to be unveiled by the summer.

Generating the resources needed to fund the tax cuts requires higher revenues, lower spending, or a combination of both. The government believes that the best way to achieve its objective is to get more people into the workforce.

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People want to claim that the government shouldn't be involved in everyday affairs and "limiting" The government is obligated to take care of its citizens since we pay a hell of a lot of taxes. If you are talking about arranging for welfare and taking care of those who choose not to help themselves

They complain that taking welfare from people will leave poor people in poverty, or repealing Obamacare will leave 22 million sick people without insurance. If they decided they like the plan they had under the Affordable Care Act, they could keep paying for it as they did while the bill was in effect.

Since Denmark is already close to full employment (the unemployment rate came in at 3.4 percent in December) and attracting more migrant workers is a political no-go area (the government imposed border controls and tightened the rules in the wake of the refugee crisis of 2015), the obvious solution is to encourage more youngsters and the elderly to work.

Reforms introduced by successive governments over the years have already ensured that Denmark’s expensive welfare state is sustainable for years to come, says Torben M. Andersen, a professor of economics at the University of Aarhus and a former government adviser. These include raising the retirement age to 67 years from 65 years by 2025.

BC-WELFARE-ICON-NOW-WANTS-PEOPLE-TO-TAKE-CARE-OF-THEMSELVES © Peter Levring BC-WELFARE-ICON-NOW-WANTS-PEOPLE-TO-TAKE-CARE-OF-THEMSELVES The government now wants to raise the retirement age even further, to 67.5, and get students more quickly into the workforce by increasing the use of loans at the expense of grants.

The opposition has already said it plans to fight any tax cuts amid voters’ concerns over the future of the country’s cherished social model.

“The government has engaged in an ideological crusade away from the Nordic welfare state," said Benny Engelbrecht, the finance spokesman of the Social Democrats, the country's biggest opposition party.

To contact the author of this story: Peter Levring in Kobenhavn at [email protected]

To contact the editor responsible for this story: Nicholas Rigillo at [email protected], Jonas O Bergman

©2017 Bloomberg L.P.

No easy answers: why left-wing economics is not the answer to right-wing populism .
On November 20, less than two weeks after Donald Trump’s upset win, Bernie Sanders strode onto a stage at Boston’s Berklee Performance Center to give the sold-out audience his thoughts on what had gone so disastrously wrong for the Democratic Party. Sanders had a simple answer. YOU

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