February 06, 2010
A Nation in Decline
Tom DeWeese / American Policy Center:Many politicians are asking the question today: "Why are the American People so angry?" The following may lend a clue to the clueless. According to the annual "Index on Economic Freedom," produced by the Heritage Foundation, the United States now ranks 8th, just behind Canada. That’s a drop of two full points since last year, and the largest drop of all nations in overall economic freedom. The index ranking is based on 10 measures of economic openness, regulatory efficiency, the rule of law, and competitiveness. The basic principles of economic freedom emphasized in the index are individual empowerment, equitable treatment and the promotion of competition.
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