Wednesday, January 12, 2011

The U.S. Loses Ground on Economic Freedom

Wall Street Journal "Austerity is the name of the game for governments whose promises have outstripped their ability to pay. Sustainability, not the faddish environmental sustainability that has dominated political circles for almost two decades, but rather the true sustainability of economic growth and job creation, is back in style."

The Government Spending Threat to Economic Freedom  "All told, 117 countries, mainly developing and emerging market economies, improved their Economic Freedom Index score. Meanwhile the U.S. dropped to 9th place, remaining “mostly free,” weighed down by the burden of President Obama’s spending spree." From Heritage

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