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In Economic Freedom, Now Were No. 12! : America slips for the seventh straight year
National Review ^ | 01/14/2014 | Deroy Murdock

Posted on 01/14/2014 5:33:41 AM PST by SeekAndFind



TOPICS: Business/Economy; Culture/Society; Editorial; Foreign Affairs; Government; News/Current Events
KEYWORDS: economicfreedom; freedom; index

1 posted on 01/14/2014 5:33:42 AM PST by SeekAndFind
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To: SeekAndFind

Not surprised.


2 posted on 01/14/2014 5:41:05 AM PST by Biggirl (“Go, do not be afraid, and serve”-Pope Francis)
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To: SeekAndFind
Now what happened around 7 or 8 years ago that would cause this downward trend in economic freedom?
Hmmm ... One wonders.
3 posted on 01/14/2014 5:53:43 AM PST by YankeeReb
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To: SeekAndFind

And we will continue to drop another notch for every 90 days that the EPA is permitted to keep churning along without restraint.


4 posted on 01/14/2014 5:59:48 AM PST by Buckeye McFrog
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To: SeekAndFind

No surprise that since the dems took over Congress in 2007, the downward trajectory has been clear and continual. Liberals are quite likely cheering this as they see their wealth-usurping agenda finally take hold. I’m sure they believe much work is yet to be done, if their goal of pulling us down to the level of Zimbabwe is to be achieved in their lifetimes.


5 posted on 01/14/2014 6:00:01 AM PST by ScottinVA (Obama is so far in over his head, even his ears are beneath the water level.)
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To: SeekAndFind
The United States of America remains far from this dungeon. Alas, year after year, we burrow inch by inch toward it.

That slow burrowing will become a much faster drilling operation after Comrade Rodham takes power in 2017.

6 posted on 01/14/2014 6:04:10 AM PST by ScottinVA (Obama is so far in over his head, even his ears are beneath the water level.)
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To: SeekAndFind
OMG, Hong Kong has the most free economy in the world and Hong Kong belongs to Red China.

How did that happen? We won the Cold War, didn't we?

7 posted on 01/14/2014 6:04:50 AM PST by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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To: Toddsterpatriot; Mase; expat_panama; 1010RD; SAJ

Where’s the “Bring back American jobs now” guy?


8 posted on 01/14/2014 6:17:17 AM PST by 1rudeboy
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To: 1rudeboy; Toddsterpatriot; Mase; expat_panama; 1010RD; SAJ

RE: Where’s the “Bring back American jobs now” guy?

How can you bring America’s jobs back when the economy is getting less and less free?

Who’s going to want to start businesses or even hire under such conditions?


9 posted on 01/14/2014 6:39:21 AM PST by SeekAndFind
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To: 1rudeboy

“Bring back American jobs now”.

:D


10 posted on 01/14/2014 6:41:22 AM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network

Well hello there... I knew you’d show up sooner or later. :)


11 posted on 01/14/2014 6:47:24 AM PST by SeekAndFind
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To: SeekAndFind; 1rudeboy; Toddsterpatriot; Mase; expat_panama; SAJ

Bingo. Bureaucracies and bureaucrats are toxic to entrepreneurs and growth.

If disinterested third parties were so smart, they’d be interested first parties building businesses and making profit. I’m always amazed at calls for more regulation. Have these people ever met a regulator?


12 posted on 01/14/2014 7:00:39 AM PST by 1010RD (First, Do No Harm)
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To: DJ Taylor
How did that happen? We won the Cold War, didn't we?

Have to wonder how my friend who did two tours in 'Nam feels when he walks through a store and sees "Made in Vietnam" tags sewn into everything.


13 posted on 01/14/2014 7:26:46 AM PST by Buckeye McFrog
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To: SeekAndFind; 1rudeboy; 1010RD
the economy is getting less and less free

That's according to the Heritage world rankings.  Let's get serious and look closer at this 'comparison':

Country Population (Millions)
Hong Kong 7.2
Singapore 5.4
Australia 22.8
Switzerland 8
New Zealand 4.4
Canada 34.8
Chile 17.4
Mauritius 1.3
Ireland 4.6
Denmark 5.6
Estonia 1.3
United States 314.2

Reality is that we rank #12 behind a bunch of duchies and principalities.  Here's the Heritage list showing ranks of nations w/ pop's > 50M:

1 _ United States 14 _ Brazil
2 _ United Kingdom 15 _ India
3 _ Germany 16 _ Pakistan
4 _ Japan 17 _ Nigeria
5 _ Korea, South 18 _ Bangladesh
6 _ Mexico 19 _ Egypt
7 _ Turkey 20 _ China
8 _ France 21 _ Russia
9 _ Thailand 22 _ Vietnam
10 _ South Africa 23 _ Ethiopia
11 _ Italy 24 _ Burma
12 _ Philippines 25 _ Congo
13 _ Indonesia 26 _ Iran

We're number 1 among the grown-ups.

14 posted on 01/14/2014 7:36:41 AM PST by expat_panama
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To: Buckeye McFrog
how my friend who did two tours in 'Nam feels when he walks through a store and sees "Made in Vietnam" tags

Nam ended 40 years ago.  Think of how WWII vets felt in '85 driving VW's and listening to their Sony radios.

15 posted on 01/14/2014 8:00:24 AM PST by expat_panama
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To: expat_panama; SeekAndFind; 1rudeboy

Good numbers and good analysis, but I’d rather we have or be moving toward the economic liberty regime of Hong Kong as opposed to the UK, Germany, Japan, S. Korea, and Mexico.

The critical element here is liberty, not scale or population. Comparing us to European or Asian socialists and statists isn’t exciting. Mexico, despite all its crazy rules, has a very, very lax regulatory regime. It’s corruption and laziness are what get it its high scores.

It’s like being told you’re only losing an eye unnecessarily, look at those other guys losing an arm and a leg. No thank you.


16 posted on 01/14/2014 8:09:42 AM PST by 1010RD (First, Do No Harm)
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To: 1010RD
critical element here is liberty, not scale or population

Forgetting scale is no good, I hate hearing globalwarmers complaining about all that global warming on their front lawn.  We don't compare Estonia and Mauritius to the U.S., we compare them to San Diego and San Antonio.  We compare Australia and Canada to states like California and New York. 

Just ask Rush, big difference between econ freedom in New York and Miami.

17 posted on 01/14/2014 9:22:41 AM PST by expat_panama
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To: SeekAndFind

And O’Dork couldn’t care less.


18 posted on 01/14/2014 9:46:30 AM PST by KevinB (Barack Hussein Obama: Proof-positive that affirmative action does not work.)
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To: expat_panama

Scale is only effective if what you’re measuring is measured correctly. What’s being measured is ‘economic freedom’ as defined by the Heritage Foundation. For that the scale is the amount of economic freedom, not the population, GDP or any other measure.

When you say, “we don’t compare Estonia and Mauritius to the U.S., we compare them to San Diego and San Antonio. We compare Australia and Canada to states like California and New York.” Those are comparisons of what exactly? Not economic freedom.

Given the above, I’d prefer an America more like Hong Kong than the United Kingdom.

On Warmists and scale we agree. Their opinions are off the scales and without proper scale.


19 posted on 01/14/2014 1:48:23 PM PST by 1010RD (First, Do No Harm)
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To: SeekAndFind

bkmk


20 posted on 01/18/2014 8:52:15 PM PST by AllAmericanGirl44
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