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Friday, February 01, 2019

Under Trump, US Economic Freedom Rises Significantly

The U.S. economy is roaring like no other time in recent memory. The job market is hot, unemployment is down to record lows, and small business optimism is soaring.

But this newfound dynamism didn’t come from nowhere. It required a package of market and consumer-friendly reforms passed by Congress and adopted by the Trump administration. These reforms have boosted economic freedom.

According to The Heritage Foundation’s 2019 Index of Economic Freedom, America’s economic freedom has seen a dramatic boost—from 18th place in the world to 12th place in the span of just one year. America’s score ticked up by more than a full point from last year, reaching the highest level in eight years.

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