In 2000 The US ranked Number three in the Frazer Institute’s Economic Freedom of the World index. Under policies of the Obama Administrationin 2013 we have cascaded to 17th, shockingly behind such countries as Jordon, United Arab Emirates, Bahrain, Jordon and Estonia. What a sad commentary on the direction of the Land of the Free. Do you suppose that the stagnant economy could have anything to do with the erosion of freedom as spelled out below?? The Heritage Foundation Index of Economic Freedom has also just been issued. It uses different criteria and ranks the U.S at 12th, a score that has fallen for seven consecutive years.
The Frazer index measures::
- Size of Government: Expenditures, Taxes, and Enterprises
- Legal Structure and Security of Property Rights
- Access to Sound Money
- Freedom to Trade Internationally
- Regulation of Credit, Labor, and Business
1
|
8.97
| |
2
|
8.73
| |
3
|
8.49
| |
4
|
8.30
| |
5
|
8.07
| |
6
|
8.01
| |
7
|
7.98
| |
8
|
7.93
| |
8
|
7.93
| |
10
|
7.88
| |
11
|
7.87
| |
12
|
7.85
| |
13
|
7.81
| |
14
|
7.78
| |
15
|
7.77
| |
16
|
7.76
| |
17
|
7.73
| |
18
|
7.72
| |
19
|
7.68
| |
20
|
1 comment:
Iteresting to also see we have less freedom than a city controlled by the communist Chinese.
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