Economic Growth Policies Under Fire: Socialdemokraterna Criticizes Current Government

Socialdemokraterna's Mikael Damberg criticizes current government for weak economic growth measures, while Finance Minister Elisabeth Svantesson defends government policies and forecasts strong growth.

    Key details

  • • Mikael Damberg calls government economic policies a "triple mistake" for failing to support households, investments, and industry conditions.
  • • Damberg argues Sweden's growth under current government is weaker than under past Socialdemokraterna administrations.
  • • Elisabeth Svantesson rejects criticism, stating her government has majority support and opposes tax increases that hinder growth.
  • • Svantesson projects Sweden's economic growth to exceed 3% next year, better than the EU average.

Mikael Damberg, the Socialdemokraterna finance minister candidate, has accused the current Moderaterna-led government of committing a "triple mistake" in its economic policy, blaming it for insufficient measures to stimulate Sweden's economy. He criticized the government for doing too little to support households, failing to boost investments particularly in housing construction, and neglecting the creation of long-term conditions for industry such as a sustainable energy agreement. Damberg argued that Sweden's economic growth has been weaker under right-leaning administrations compared to previous Socialdemokraterna governments, stating that the ongoing recession alone does not explain the poor performance, given the prior government's effective management during the pandemic.

Finance Minister Elisabeth Svantesson responded by dismissing Damberg's critique as "whining from the sidelines," emphasizing that her government holds a majority to pass its budgets. She opposed tax increases on businesses and labor, asserting such measures do not promote growth. Svantesson highlighted her commitment to improving productivity and economic growth, projecting that Sweden's growth rate will surpass 3% next year, which she considers strong compared to the EU average. These contrasting views forecast economic issues as a major focus in the upcoming election campaign, spotlighting differing visions for Sweden's economic future under the leadership candidates. (Sources: 145680)

This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.

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