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For The 1st Time, The US Is Not One Of World's 10 freest economies

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kuozzman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-05 07:09 PM
Original message
For The 1st Time, The US Is Not One Of World's 10 freest economies
Now the real question is, are we one of the 10 freest countries?

http://www.accountingweb.com/cgi-bin/item.cgi?id=100330&d=659&h=660&f=661

For the first time ever, the U.S. does not rank among the world's 10 freest economies in the Index of Economic Freedom, published annually by The Heritage Foundation and The Wall Street Journal.

The U.S.' score in the 2005 Index did not change from 2004. But improvements in the economies of Chile, Australia and Iceland enabled all three to surpass the U. S., leaving it in a tie for 12th with Switzerland and out of the top 10 for the first time in the 11-year history of the Index.

"The United States is resting on its laurels while innovative countries around the world are changing their approaches and reducing their roadblocks," said Marc Miles, a co-editor of the book, along with Ed Feulner and Mary Anastasia O'Grady. "The U.S. is eating the dust of countries that have thrown off the 20th-century shackles of big government spending and massive federal programs."

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idlisambar Donating Member (916 posts) Send PM | Profile | Ignore Fri Jan-07-05 07:33 PM
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1. just propaganda from the Heritage foundation
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InvisibleBallots Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-05 07:38 PM
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3. poor, poor rich people, didn't get a big enough tax break
Plus, China is making its economy double-plus-union-free what with all their wonderful labor practices - think I'll go pick up something plastic from Walmart.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-05 07:35 PM
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2. In addition to not being among the ten freest economies , the US is not
likely among the ten freest countries and almost certainly does not have one of the ten freest media.
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