The Fall Of America
The following is from an article by Robert Bauman without permission:
The 2012 Economic Freedom of the World report was released recently by the Cato Institute and Canada’s Fraser Institute. In just a few years, the U.S. has fallen from No. 3 in 2000 (behind the city-states of Hong Kong and Singapore) to No. 8 in 2005 and now has plummeted to 18th place, trailing such countries as Estonia, Taiwan, and Qatar.
Finland, Denmark and Canada now also have freer economies than the United States.
Americans will ignore this report at their peril; this is not something thrown together by ivory tower eggheads. The godfather of the Economic Freedom of the World report was the late, great Milton Friedman who suggested its need as a measure of liberty.
The extensive index covers the size of government (taxing and spending), legal systems, property rights, sound money, free international trade and regulation (including credit markets, labor and business regulations).
HEED THIS WARNING AMERICANS!
Do not believe this at your peril.
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The facts no one wants to read.
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