On Thu, 03 Aug 2006 10:32:29 -0400, Harry Krause wrote:
I think I mentioned here I have a Norwegian friend, a fellow who was
trained to work as a technician on offshore rigs. He sustained an injury
and was no longer able to work that job. The taxpayers of his country paid
completely for his hospitalization and rehabilitation AND his complete
reeducation at the college level in another field, and while he was
attending college, he and his family received a stipend that covered
expenses. He finished up a couple of years ago, got re-employed at a
professional level, his kids are in college, cost-free to him, the entire
family has medical care AND he has a secure decent retirement.
Now that Norway's oil is past peak, I was wondering if they can sustain
their high standard of living. Perhaps, they will for quite a while. It
seems they haven't been spending their oil windfalls, but saving them for
the future.
http://money.guardian.co.uk/weekly/s...778822,00.html
Imagine that, a country planning for the future. We, on the other hand . . .
http://www.brillig.com/debt_clock/