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US ranks 17 in measure of economic freedom

Started by Robert, Mon 23, Sep 2013, 08:50:35

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Robert

The United States has dropped 15 slots since 2000 in an annual ranking of economic freedom, from second place to 17th place.

Wednesday, the Fraser Institute, a Canadian public policy think tank, released its annual Economic Freedom of the World Report revealing that while the United States is up a slot in the rankings from last year's analysis, the country still has ground to make up to get back to the position it held in 2000.

"Friedman knew of no country that was economically free that was not also politically free, and he realized we really don't have good measures of economic freedom and maybe we should develop those," Hall said.

Hall explained there are "lots of reasons" the United States has declined in the economic freedom ranking since 2000. Three areas he noted are an increase in government spending, expanding regulation and declining security of property rights and rule of law.

Read more: http://dailycaller.com/2013/09/17/us-ranks-17-in-measure-of-economic-freedom/#ixzz2fiv3VkgA

Yup all the new policies have really helped this country. Did you see  economic freedom goes hand in hand with political freedom and property rights? Did you see  economic freedom goes hand in hand with political freedom and property rights? Did you see  economic freedom goes hand in hand with political freedom and property rights,rule of law? Exactly what the present administration is against.


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