Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
The Fire Ant Gazette – USA Economy: Less Free than Before

The Fire Ant Gazette – USA Economy: Less Free than Before

by Rick Turoczy on January 4, 2005

The United States has dropped out of the top 10 in the new list of the “freest economies” in the world. The rankings, published annually for the last 11 years by the Wall Street Journal and the Heritage Foundation, show that countries such as Ireland, Denmark and Hong Kong (coming in at #1) all rank ahead of the US. But the biggest surprise on the list is that former Soviet satellite Estonia now ranks at #4 in terms of economic freedom.

According to today’s edition of the Wall Street Journal:

The Index scores economic freedom in 10 categories, ranging from fiscal burdens and government regulation to monetary and trade policy. The U.S., with its strong property rights, low inflation and competitive banking and finance laws, scores well in most. But worrying developments like Sarbanes-Oxley in the category of regulation and aggressive use of antidumping law in trade policy have kept it from keeping pace with the best performers in economic freedom.

“Sarbanes-Oxley”? Hmmm…where have I heard that before. Oh, I know: it was here; I was ranting about it just last week, as a matter of fact.

The Fire Ant Gazette – USA Economy: Less Free than Before

Leave a Comment

Previous post:

Next post: