I guess I'm missing it. You linked to wikipedia which says it's called "Oil Fund" (Oljefondet). Further down it says "As of June 2011, it was the largest pension fund in the world, but it is not a pension fund in the conventional sense, as it derives its financial backing from *oil profits*, not pension contributions"

> the US produces many, many times more oil each year than Norway, so your argument is a complete non sequitur.

The US isn't funding health care through oil profits. If it was going to fund public health care (which it does) it does it through taxes.

You basically have a free money fountain and get free stuff it (while you burn down the rest of th world) and then you come on here and say "things are great over hear! surprised they aren't great over there" without acknowledging that you have a free money source.

To add to this, the government fund also deliberately avoids investing in oil, tobacco, military weaponry and a few similar industries.