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United States, is it REALLY the land of the free?
The United States comes in at only No. 12 in the latest Index of Economic Freedom, due in part to high taxes, corruption, and the regulatory burden.
Rankings are compiled by measuring 10 freedoms in four broad categories: Rule of Law (property rights, freedom from corruption), Limited Government (fiscal freedom, government spending), Regulatory Efficiency (business freedom, labor freedom, monetary freedom), and Open Markets (trade freedom, investment freedom, financial freedom).
The top five nations/territories for economic freedom are Hong Kong, Singapore, New Zealand, Australia, and Switzerland.
The index observes that "corruption in government and the political process remains a concern" in the U.S., and "the regulatory burden has been mounting. Since 2009, over 150 new major regulations have been imposed at an annual cost of more than $70 billion."
Other countries that place higher than the United States, beginning with No. 6, are Canada, Chile, Estonia, Ireland, Mauritius, and Denmark.
10 Antworten
- vor 6 Jahren
Isn't terrorism and the threat of environmental disaster wonderful ways to get Americans to surrender their Freedoms? Along with secondary threats like inequality?
Can't wait for the day Libs initiate hotlines to report suspicious and deviant activity. You can remain anonymous and still get that reward! Hold on----actually I think a few ARE already up and running---
- Jake No ChatLv 7vor 6 Jahren
Individual freedoms are huge in the US.
I will agree that the economic freedoms are out of whack - like you noted.
And some individual freedoms have been squeezed a bit lately.
But there remains enough freedom and opportunities, that I still would say that we are still the land of the free.
- Anonymvor 6 Jahren
The US is a fascist country mostly dominated by Zionist Jews. There is no "capitalism" and the country is living off the dollar as the reserve currency. When the dollar collapses, the party will be over. The "American Dream" is so nonexistent that I seriously doubt many believe in it anymore. Most Americans are happy to be living paycheck to paycheck.
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- Anonymvor 6 Jahren
I would imagine that Economic freedom of the rich to operate without rules, must be highest in places like Bangladesh where you can build a factory with cheap labor and materials and when it collapses killing thousands you are never charged or fined.
Isn't "Economic Freedom" grand!
- RockItLv 7vor 6 Jahren
No, its the land of Huge Broken Government destroying the best idea humans ever came up with for a society. It was only a matter of time before all the filth destroyed all the beauty.
- Anonymvor 6 Jahren
If you count our prison population, the USA has more people in prison than any other nation. Land of the Not Free.
- SageandscholarLv 7vor 6 Jahren
But NZ, Australia and Switzerland are famous for progressive taxation, universal healthcare, government provision of college education and a host of other things cons tell us are bad for the economy.
- Anonymvor 6 Jahren
It was until Obama and he is rapidly reducing it to the image of an African Ghetto.
