US falls to #12 on 2014 Index of Economic Freedom

Posted by robertmbeard 11 years, 5 months ago to Economics
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Our economic freedoms have deteriorated severely in the past 7 years. Canada, on the other hand, has modestly improved to #6 in the world, primarily by improving fiscal discipline, with their conservative govt (since 2011) setting a goal to reach a balanced budget by 2015. Now if Canada would only eliminate its single-payer govt health care system, it would be a great place to emigrate to, as the US continues to go bankrupt...

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  • Posted by robertmbeard 11 years, 5 months ago in reply to this comment.
    The data used in the 2014 world index of economic freedom and the 2013 Fraser report for US/Canada economic freedom are both 2-3 years old. We likely have slipped a few more spots in the past 2+ years.
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  • Posted by $ jbrenner 11 years, 5 months ago
    It's pretty scary that there are only 11 countries higher in terms of economic freedom than the US.
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  • Posted by Maphesdus 11 years, 5 months ago
    "Canada, on the other hand, has modestly improved to #6 in the world, primarily by improving fiscal discipline"
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    When America grows up, I hope it grows up to be just like Canada.
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