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

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