home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
TIME: Almanac 1995
/
TIME Almanac 1995.iso
/
time
/
093091
/
0930004.000
< prev
next >
Wrap
Text File
|
1994-03-25
|
2KB
|
44 lines
<text id=91TT2144>
<title>
Sep. 30, 1991: World Notes:Sweden
</title>
<history>
TIME--The Weekly Newsmagazine--1991
Sep. 30, 1991 Curing Infertility
</history>
<article>
<source>Time Magazine</source>
<hdr>
WORLD, Page 45
World Notes
SWEDEN
Goodbye to All That
</hdr><body>
<p> For the Social Democrats, architects of Sweden's
cradle-to-grave welfare system, it was the worst trouncing at
the polls since 1928. All told, they won only 138 seats in the
349-member Riksdag, or Parliament, and just 38% of the popular
vote. Behind their defeat was widespread discontent over the
high cost of social benefits. Pensions and health and other
programs are generous, but the top tax rate of about 70% is the
highest in the Western world.
</p>
<p> Prime Minister Ingvar Carlsson resigned immediately and is
likely to be succeeded by Moderate Party leader Carl Bildt, 42,
who hopes to form a government soon. That will not be easy. By
failing to deliver an absolute majority to Bildt's coalition,
voters ensured that their country's vaunted politics of
cooperation would be sorely tested. Bildt will need at least the
tacit support of the new right-wing protest party, New
Democracy, which won 25 seats by advocating curbs on immigration
and cuts in foreign aid--policies that are anathema to the
rest of the nonsocialist bloc and to the socialists as well.
Even then, he will face the daunting task of cutting taxes and
government spending while not obliging his countrymen to give
up too many of their customary benefits too soon.
</p>
</body></article>
</text>