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The US is now #18 in economic freedom
Started:September 18th, 2012 (07:11 PM) by Victory Trader Views / Replies:399 / 0
Last Reply:September 18th, 2012 (07:11 PM) Attachments:0

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The US is now #18 in economic freedom

Old September 18th, 2012, 07:11 PM   #1 (permalink)
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The US is now #18 in economic freedom

Economic Freedom of the World: 2012 Annual Report:

[T]he United States has fallen precipitously from second in 2000 to eighth in 2005 and 19th in 2010 (unadjusted ranking of 18th). By 2009, the United States had fallen behind Switzerland, Canada, Australia, Chile, and Mauritius, countries that chose not to follow the path of massive growth in government financed by borrowing that is now the most prominent characteristic of US fiscal policy. By 2010, the United States had also fallen behind Finland and Denmark, two European welfare states. Moreover, it now trails Bahrain, the United Arab Emirates, Estonia, Taiwan, and Qatar, countries that are not usually perceived of as bastions of economic freedom.

The US is now #18 in economic freedom | XRepublic

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