We have a welfare state and economic regulation? :-)
Ian
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I
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I can imagine that if United States were a small economy, that the stock
markets swoon would have the IMF at our doors, blaming the crash on the
welfare state and economic regulation.
The IMF has been saying cautiously critical things about the U.S.
over the last few
Absolutely yes, in the eyes of the IMF.
We have a welfare state and economic regulation? :-)
Ian
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Absolutely yes, in the eyes of the IMF.
Well, that's a bit overstated. The U.S. has about the right level of
welfare state regulation in the eyes of the IMF. A minimal "safety
net" is necessary to get workers to accept unemployment - this was
one of the Fund's
