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To: CheyennePress
We are more productive per hour. Thats why we don't need to work so many hours. Its called efficiency. In many country people work many more hours a year than the US also and they are still just average. I have talked to people from the US and its their honest belief that we are much more productive. Also less than 4% of the revenue from the oil is spent over the budget. Our medical bill per person measured in GDP is just about 60% of the average American.
8 posted on 06/26/2007 10:44:10 AM PDT by tomjohn77
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To: tomjohn77
Also less than 4% of the revenue from the oil is spent over the budget.

That is the direct influence of oil in the budget, but there is an indirect one, since oil revenues affect the entire economy and part of that money is recovered again by the government through taxation.

Look, what I see is that the level of prices in Norway isn't comparable to any other one in Europe.
9 posted on 06/26/2007 11:24:42 AM PDT by J Aguilar (Veritas vos liberabit)
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