Reply to post: Re: yay, statistics

Which country has 2nd largest social welfare system in the world?

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Re: yay, statistics

The point I was making (or trying to make) is that while the US may spend a larger percentage of its GDP on social welfare, the actual amount isn't proportional to the size of its population (or the percentage of that population that relies on it). In fact the number of unemployed people in the US is more than triple the entire population of Norway. Putting those numbers into the equation implies that the US spends even less per capita than its #2 ranking would suggest.

As an aside, sucking oil out the ground accounts for less than half the oil industry revenue in Norway. More money is made from services these days. (For which I am grateful every pay day. :)

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