Skip to comments.America's Dwindling Economic Freedom (no longer in the top 10 most free countries)
Posted on 01/15/2014 2:31:25 PM PST by Red in Blue PA
World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries.
For 20 years, the index has measured a nation's commitment to free enterprise on a scale of 0 to 100 by evaluating 10 categories, including fiscal soundness, government size and property rights. These commitments have powerful effects: Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity and social progress. Botswana, for example, has made gains through low tax rates and political stability.
(Excerpt) Read more at online.wsj.com ...
Hmmm.... This is seed corn to creat an ETF’s of ETF’s of the top 20 on this list that are American Allies that won’t stab us in the back, not that with BHO he hasn’t stabbed them...
One wonders how much farther down the list we’ll be in three years from now. I would say that, over that time, the odds of going back up into the top 10 is zero.
The “not ranked” countries are interesting:
Seven failed states, and one how-did-they-make-the-list.
Lichtenstein: German but smaller. And now unranked to boot