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The Declining Economic Freedom Of The United States

Posted By admin On September 26, 2012 @ 12:42 am In Money Watch | Comments Disabled

Zero Hedge [1]
Sept 26, 2012

The United States, long considered the standard bearer for economic freedom among large industrial nations, has experienced a remarkable plunge in economic freedom during the past decade. 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. The Fraser Institute’s [2] massive volume on the Economic Freedom Of The World – based on the following five factors: Size of Government, Legal System & Property Rights, Sound Money, Freedom to Trade Internationally, and Regulation – covers 42 variables with the goal of quantifying the key ingredients of economic freedom.

 

The Economic Freedom Of The World…

The Declining Economic Freedom Of The United States 20120925 free1 0 [3]

 

With the US Ranked #18 [4]

The Declining Economic Freedom Of The United States 20120925 free3 0 [5]

 

How the model is created…

The Declining Economic Freedom Of The United States 20120925 free2 0 [6]

 

and the US-specific rankings…

The Declining Economic Freedom Of The United States 20120925 free4 0 [7]

 

and the decade-long demise of US Economic Freedom…

The Declining Economic Freedom Of The United States 20120925 free5 [8]

 

EFW2012 Complete [9]


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URL to article: http://www.prisonplanet.com/the-declining-economic-freedom-of-the-united-states.html

URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/news/2012-09-25/decling-economic-freedom-united-states

[2] Fraser Institute’s: http://www.freetheworld.com/

[3] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20120925_free1.png

[4] #18: http://search.twitter.com/search?q=%2318

[5] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20120925_free3.png

[6] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20120925_free2.png

[7] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20120925_free4.png

[8] Image: http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/09-2/20120925_free5.png

[9] EFW2012 Complete: http://www.scribd.com/doc/106945019/EFW2012-Complete

[10] United States Ranked 36th In The World For Press Freedom: http://www.prisonplanet.com/united-states-ranked-36th-in-the-world-for-press-freedom.html

[11] What Is The Best Place To Live In The United States To Prepare For The Coming Economic Collapse?: http://www.prisonplanet.com/what-is-the-best-place-to-live-in-the-united-states-to-prepare-for-the-coming-economic-collapse.html

[12] 58 Percent Of Americans Believe Economic Conditions In The United States Will Be Good A Year From Now: http://www.prisonplanet.com/are-they-insane-58-percent-of-americans-believe-economic-conditions-in-the-united-states-will-be-good-a-year-from-now.html

[13] USA 10th For Global Economic Freedom In 2013: http://www.prisonplanet.com/usa-10th-for-global-economic-freedom-in-2013.html

[14] The Chinese Government Is Buying Up Economic Assets And Huge Tracts Of Land All Over The United States: http://www.prisonplanet.com/the-chinese-government-is-buying-up-economic-assets-and-huge-tracts-of-land-all-over-the-united-states.html

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