US falls to #12 on 2014 Index of Economic Freedom

Posted by robertmbeard 10 years, 11 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 10 years, 11 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 10 years, 11 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 10 years, 11 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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