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September 26, 2012
The Declining Economic Freedom Of The United States
From 1980 to 2000, the US was generally rated the third freest economy in the world, ranking behind only Hong Kong and Singapore.The ranking of the US has fallen precipitously; from second in 2000 to eighth in 2005 and 19th in 2010. By 2009, the United States had fallen behind Switzerland, Canada, Australia, Chile, and Mauritius, countries that chose not to follow the path of massive growth in government financed by borrowing that is now the most prominent characteristic of US fiscal policy. By 2010, the United States had also fallen behind Finland and Denmark, two European welfare states. Moreover, it now trails Bahrain, the United Arab Emirates, Estonia, Taiwan, and Qatar. -- | ZeroHedge
Posted by Vanderleun at September 26, 2012 11:21 AM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
But hey, thank god for the Patriot Act and the TSA, we are all safer now... egh comrade?
Posted by: Mike at September 26, 2012 11:36 AM
National Decline is a feature, not a bug, of the Liberal Operating System.
Posted by: Scott M at September 26, 2012 12:56 PM
I predict that, if Obama is re-elected, the underground economy will grow by leaps and bounds, and become more sophisticated than it is now. I also predict that many more of us will participate in it. During Prohibition many otherwise law-abiding men drove booze trucks for the Mob.
Posted by: Don Rodrigo at September 26, 2012 1:31 PM