[ExI] Sweden

[John Clark]

Some people say Sweden should be a model for the US on how to respond to
COVID-19 because they did not shut things down as completely as many other
advanced countries did including all its immediate neighbors, but the
latest numbers on the Swedish experiment are not encouraging. Per capita
Sweden has had 6 times more deaths from the virus than Denmark, 7 times
more deaths than Finland, and 12 times more deaths than Norway. And yet
despite paying the huge price of all those additional deaths Sweden has
received little or no economic benefit from that sacrifice compared to its
neighbors.

Before the pandemic Sweden's central bank had predicted its economy would
grow by 1.3% this year, now it predicts its GDP will shrink by 4.5%; and
unemployment jumped from 7.1% in March to 9% in May. By comparison
Denmark's central bank predicts that its economy will shrink by 4.1%: and
unemployment jumped from 4.1% in March to 5.6% in May. It Seems that all
those Swedes died for nothing.

 John K Clark
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