zlacker

>>obscur+(OP)
> Norwegians are taking much more sick leave than a decade ago, driving up costs for health services. Student test scores have worsened more than in other Scandinavian countries

...COVID?

Norwegians are taking more sick leave after the largest mass-disabling event in generations?

And test scores are worse compared to other Scandinavian countries, like Sweden, which famously had very few COVID restrictions?

Must be the oil money

>>Steven+W2
Norway has a name for living off the welfare state as a grown up man: Nave, deriving from the social security service Nav and it has been like that for a decade at least.

Building a full social class of dependents of the government takes many years of demoralization and subversion of values.

>>ilived+C4
Of whose values? Demoralization of whom?

>>freeon+v5
Puritans can't stand the idea that someone else might be working less and/or having more fun.

>>rwmj+s7
I'm not an expert, but isn't that exactly what rich people who live off interest rates do? Why is bad when a country does the same? I understand the risks mentioned, but why are they acceptable when people with capital does that?

>>tuesda+2d
Its bad in both cases.

Lets take the extreme, lets assume that Norway is an island and has a $50t wealth for 5m people. $10m each. Assume 2% return on that wealth, $200k a year income. Great, everyone is happy.

Who empties the bins? Or repairs the road?

You end up importing those people from elsewhere, just like the wealthy parasites do. Oil countries like Qatar are like this. It's not a good thing.

A centi-millionaire, in Qatar, Norway or New York, can live for free without doing any work, and will see their wealth grow about $10m a year off the backs of other people, people who won't earn anywhere near $10m in a lifetime.

Other people who aren't as wealthy do the work.

Imagine you are on an island with 10 billionaire CEOs and 10 people who have no net worth but know how to fish, cook, build etc.

It doesn't matter how rich the billionaires are, their wealth is worthless, the person with the skills is whats valuable.

>>ta1243+Yf
The real numbers are $340,000 per person in the fund, which at a safe withdrawal rate would be $10-13,000 per year if turned into an income stream. So not exactly fuck you money, and there's a very long way to go before they have problems with bin collection.