The Swedish Model for Economic Recovery

Europe has been the source of unremitting gloom and doom for four years. The euro crisis has threatened the global economy. Most Americans, and many Europeans, have become exasperated with European nations’ failure to respond decisively to their troubles. So it is a refreshing — and brilliant — decision by President Obama to visit Sweden and meet with Scandinavian prime ministers en route to next week’s Group of 20 summit in Russia.