It wasn' t just me. You should read the article again and pay attention to the time frames -maybe you would stop misrepresenting it.
and it wasn't just me- it was these folks..
How 'Democratic Socialism' Wreaked Havoc On My Native Sweden
They explain that the free market elements are responsible for the country’s relative wealth and health. Much of the wealth in real terms was created before and in the early stages of the welfare state, between 1870 and 1960, when Sweden was one of the countries with the lowest levels of regulation and taxation in Europe.
The one period when Sweden practiced what may be considered “democratic socialism” was between 1960 and 1980. During this period, the country nationalized industry and massively expanded the welfare state financed by tax increases and currency devaluations, and it paid a high price. Sweden fell from the top of the list of wealthiest countries in the world to the middle of the pack of industrialized nations,
bringing it to the brink of ruin in the 1990s.
Realizing the practical consequences of the disastrous policies, the
country cut back on its welfare programs and reduced corporate taxes, leading to somewhat of a comeback in the past two decades. But the experiment with “democratic socialism” resulted in four decades of lost progress.
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The Sweden Myth | Mises Institute
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After this deep downturn, Sweden has performed much better for a number of reasons. The 20% decline in the value of the krona in late 1992 gave a strong boost to exports and together with the dramatic lowering of interest rates, this helped kick-start a cyclical recovery in late 1993. Moreover, a number of free market reforms implemented during Ingvar Carlsson and conservative Carl Bildt (who was Prime Minister between 1991 and 1994) had helped raise the structural growth potential of the Swedish economy.
Apart from the already mentioned reforms of reduced marginal tax rates and abolished currency controls, deregulated bank lending and significantly lower inflation, this included privatizations of several state-owned companies and deregulation of several key sectors, including the retail sector, the telecommunications sector and the airline industry. A
lso, when the massive budget deficit was eliminated, even the Social Democrats realized the need for deep spending cuts, which together with the typical cyclical decline in the burden of spending during booms helped reduce the extremely bloated burden of government spending somewhat.
All of this has helped Sweden recover in relative terms from the stagnation of the 1970s and 1980s and the deep economic downturn in the early 1990s. It is this relative recovery that is now seized upon by the Social Democrats and their sympathizers inside and outside of Sweden when they claim that the Swedish model of high taxes and a big welfare state is successful."