Skip to comments.U.S. drops to 16th on 'economic freedom' list, behind Canada, Chile
Posted on 09/14/2015 5:42:47 AM PDT by Enlightened1
The United States, ranked second in worldwide economic freedom as recently as 2000, has plummeted to 16th, according to the a new report of world economies.
The Fraser Institute's annual report, Economic Freedom of the World, showed that the country's drop started in 2010, the second year of the Obama administration.
The world-recognized report showed that the U.S. fell in several areas, including legal and property rights and regulation.
"The United States, once considered a bastion of economic freedom, now ranks 16th in the world after being as high as second in 2000," said the report issued Monday morning.
The top 10: Hong Kong, Singapore, New Zealand, Switzerland, United Arab Emirates, Mauritius, Jordan, Ireland, Canada, with the United Kingdom and Chile tied at 10.
(Excerpt) Read more at washingtonexaminer.com ...
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