The World Economic Forum just published it’s most recent findings:
The United States continues its decline for the third year in a row, falling one more place to fifth position. In addition to the macroeconomic vulnerabilities that continue to build, some aspects of the United States’ institutional environment continue to raise concern among business leaders, particularly related to low public trust in politicians and concerns about government inefficiency.
The United States’ reputation as home to one of the world’s freest economies continues to decline, according to an international report released Tuesday.
The U.S. dropped to 18th worldwide, compared to 10th in 2008 and third from 1980 to 2000, the 2012 Economic Freedom of the World report found. The findings are based on information through 2010.
“The U.S. is on the wrong track,” said co-author James Gwartney, a Florida State University economics professor.
He says the 48-page report shows countries with the freest economies grew more rapidly and achieved higher income levels for citizens, while the United States’ decade-plus course of government expansion, increased debt and regulation and other moves created a “system of crony capitalism.”
Lets all TRY to REMEMBER. The United States was ranked 3rd in the world for ECONOMIC FREEDOM from 1980 until 2000. And anyone who wanted a job could obtain one.
Government Assistance equals HIGHER TAXES, HIGHER COSTS TO DO BUSINESS, PREVENTION of DOING BUSINESS through REGULATIONS and EXECUTIVE ORDERS. ! FEWER or NO JOBS !
AMERICANS ! Is this the path YOU really wish to stay on ? Are YOU sure ? Really ?
IF your answer is yes, THEN vote for Obama and his STATIST strategy supporters.
( I know, there are conflicting conclusions about rank in here, different studies, looking at different measurements. I urge all of you to click on the LINKS, read and THINK for yourselves. Respectfully, texas)