Wednesday, April 21, 2010

US Economic Freedom is Eroding

This should be a wake up call for all of us.

 

For the first time ever, the U.S. has dropped out of the free category and fallen to mostly free in the 2010 Index of Economic Freedom. Of the world’s 20 largest economies, the U.S. has suffered the largest drop in economic freedom. It’s clear why our economy is failing to generate jobs. To see other highlights from the 2010 Index of Economic Freedom Click here.

 

The Top 10

Hong Kong
Rank Country Overall Change
1 Hong Kong 89.7 -0.3
2 Singapore 86.1 -1.0
3 Australia 82.6 0.0
4 New Zealand 82.1 0.1
5 Ireland 81.3 -0.9
6 Switzerland 81.1 1.7
7 Canada 80.4 -0.1
8 United States 78.0 -2.7
9 Denmark 77.9 -1.7
10 Chile 77.2 -1.1

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