Sunday, January 15, 2012

Losing our Economic Freedom

This graph, prepared by the Heritage Foundation, charts America's economic freedom during the Obama presidency.  John Hinderaker at Powerline offers this commentary:

The source of America’s prosperity is no secret: our economy has historically been freer than those of almost all rivals. Unfortunately, that advantage–the essence of what America is all about–is being lost.

The Heritage Foundation has released its annual Index of Economic Freedom, and the United States has slipped to tenth place, trailing Hong Kong, Singapore, Australia, New Zealand, Switzerland, Canada, Chile, Mauritius and Ireland . . . .
I think that lays out the path Obama is leading us down rather clearly.

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