The Global Economic Freedom List is Out… Guess Where the USA Ranks?
How the mighty have fallen.
According to the annual “Economic Freedom of the World” report, the United States continues to decline in freedom on the global stage since President Obama took office. The study looks at things like the size of government, regulations, trade and individual rights. The main drivers of the United States’ drop in the ranks: legal and property rights and regulation.
The Washington Examiner reports:
The United States, ranked second in worldwide economic freedom as recently as 2000, has plummeted to 16th, according to a new report of world economies. The Fraser Institute’s annual report, Economic Freedom of the World, showed that the country’s drop started in 2010, the second year of the Obama administration.
… The top 10: Hong Kong, Singapore, New Zealand, Switzerland, United Arab Emirates, Mauritius, Jordan, Ireland, Canada, with the United Kingdom and Chile tied at 10.
It’s not surprising that the U.S. is less free under President Obama. He has made it clear in his rhetoric and his executive actions that advancing the progressive agenda is more important than respecting the Constitution and checks and balances. Policies have consequences, and Obama’s America puts the collective over the individual, and the pursuit of equal outcomes over equal opportunity and treatment under the law.