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Friday, September 21, 2012
U.S. Drops to No. 18 in Global Economic Freedom Rankings
The United States has slipped to 18th in the world when it comes to economic freedom, according to an annual rankingof nations issued by the Fraser Institute.
The U.S. has moved down 10 places over the last decade, the top Canadian think-tank said in its annual report on economic freedom around the globe.
“The United States, long considered the standard bearer for economic freedom among large industrial nations, has experienced a substantial decline in economic freedom during the past decade,” the Fraser report states.