Ninth? The worlds biggest economy is not the most free? According the Heritage Foundation's Index on Economic Freedom, we are behind Hong Kong, Singapore, Australia, New Zealand, Switzerland, Canada, Ireland, and Denmark. DENMARK? CANADA?!? Whiskey Tango Foxtrot!
These nations all outscored the U.S. across ten categories, including taxes, free trade, regulation, monetary policy, and corruption.As the article continues, it seems that the top ten ranking is only by the skin of our teeth. We beat out No. 10 Bahrain by one tenth of a point and No. 11 Chile by four tenths of a point. (Yeesh, what a rough crowd to be thrown in with.) Breaking down the results in further detail, the study shows that the world's poorest nation, Rwanda, is advancing by jumping to the No. 75th rank from 93 in the year prior. A backwards, poor nation is better able to advance it's personal freedom, opportunity and hope for it's citizens in one year while we continue a slide? Just how far has the US slid into the doldrums of ineptitude?
Facts remain, that until we can become more like (shudders) Rwanda and move away from big government and big regulation, big bureaucracy, our economy will not right itself. There is hope, yes that's true, but we have to fix the mess in Washington first, before we can actually start to solve our own house.
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