America's Dwindling Economic Freedom

Annual rankings of nations show that the U.S. has fallen to 12th place in "Economic Freedom".

The author of this story is pointing to taxes, regulations, and *debt/wild binge spending* as some main reasons for this catastrophe.

Many other countries are actually on a good rebound and acceleration while the U.S. is sluggish and weak.

You would think after all this time we would be at #1 ??

Must be the big corporations' lobbying influences on government along with the global NW0 agenda that think the only way to *equalize* is to lower the standards on success (but only in the 'successful' places).

It seems the only "free" Enterprises left are the dwindling small businesses who always get klobbered the hardest by *Global Style* government controls.


America's Dwindling Economic Freedom

World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries.

For 20 years, the index has measured a nation's commitment to free enterprise on a scale of 0 to 100 by evaluating 10 categories, including fiscal soundness, government size and property rights. These commitments have powerful effects: Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity and social progress. Botswana, for example, has made gains through low tax rates and political stability.

Can Obama -TAX & Regulate- our way out?

What IS the "big plan"?

reply to post by xuenchen



We're # 12!, We're # 12!, We're # 12!


Let's see here, UK ranked 14th, Germany ranked 18th, Japan ranks in at 25th followed by France at 70 then China, *Next economic Super Power* Ranked 137th and finally, Russia bringing up the rear and dragging butt at 140

I wonder which ones have "Free Healthy" care?

Yeah were number 12!!!!!!

Hong kong is number 1, and China is way down at 137 beating out Russia at 140.

Cuba is bring up the rear at 177.


Well we do live with an administration that says success is over rated its ok to be medicore.

reply to post by xuenchen


And those sworn and paid to protect our liberty continue to sit on their hands

#12 is only Obama's 5 Year Plan.

Imagine where we'll be after his 8 years is up!

Hong Kong continues to dominate the list, followed by Singapore, Australia, Switzerland, New Zealand and Canada. These are the only countries to earn the index's "economically free" designation.

Canada - number 6.
Not bad....

It's not hard to see why the U.S. is losing ground. Even marginal tax rates exceeding 43% cannot finance runaway government spending, which has caused the national debt to skyrocket

I had no idea the US was taxed so heavy. I thought we were taxed more, or maybe we just don't notice it

reply to post by SLAYER69


12th

corrected.

thank you. I must have been thinking what Obama would say.

reply to post by neo96


There is something seriously wrong when Mexicans in Mexico *Not to be confused by those living here in America* have more economic freedom than the next Economic Super Power cough cough cough China....

reply to post by snowspirit

I had no idea the US was taxed so heavy.

Yes we are.

The biggest example of asinine taxation is with lottery winners whatever amount they win they automatically lose half to the US government.

Our government never met a tax they didn't like.

SLAYER69
reply to post by neo96

 

There is something seriously wrong when Mexicans in Mexico *Not to be confused by those living here in America* have more economic freedom than the next Economic Super Power cough cough cough China....

edit on 14-1-2014 by SLAYER69 because: (no reason given)

Yep.

There is something also seriously wrong when Switzerland has more economic freedom than we do.

Considering that is where millions of Americans use to have them famous 'Swiss' accounts that is until this administration came along.

xuenchen

What IS the "big plan"?

Bankrupting the middle class,
the straw that breaks the camels back,
and shifting them to government dependency.

Rules for Radicals

carried out by a certain community organizer

Just wait. Once they get everybody encumbered with their mandatory health insurance, they sure aren't going to rest on their laurels while people eat pizza and fast food and gain weight. We'll have a bunch of fresh "sin taxes" for not doing as we're told and eating/living healthy. Because if your right to healthcare means you don't have the right to refuse health insurance, then surely your right to healthcare means you don't have the right to deprive your insurance company of their hard earned loot.

Maybe we'll follow in the proud footsteps of Japan and fine people for gaining weight.

reply to post by neo96

The total amount of money taken in by the lotteries is way, way, way more than the payout to the winners.

Maybe we should look into where the money that doesn't get paid out goes, it's a boatload of money that just seems to disappear, and I would bet it's not taxed at the same rate as winnings.

I have always wondered about this, considering their claims that the lottery pays so much toward education, and then the politicians turn around and fund less for education, rendering it all lie.

reply to post by MyHappyDogShiner

The total amount of money taken in by the lotteries is way, way, way more than the payout to the winners.

So they make more through voluntary taxation than forced taxation.

Great point.