US Drops to Lowest Point Ever in Index of Economic Freedom. Can Trump Improve It?
By Jay Richards Published on February 22, 2017
Jay Richards
The U.S. has reached its lowest ranking ever in the Index of Economic Freedom, produced annually by the Heritage Foundation. The U.S. spent years in the top 10, but has been declining for years, and is now at number 17.
Hong Kong maintains the top spot, although the city-state is officially part of the Peoples’ Republic of China. Other countries that beat the U.S. include New Zealand, Switzerland, Australia, Canada (no. 7), and Chile. Last place (no. 180) goes, as usual, to North Korea. If you want to know how economic freedom and prosperity are related, just remember: booming, bustling Hong Kong is at the top, and unlit, starving North Korea is at the bottom.
https://stream.org/u-s-drops-lowest-point-ever-index-economic-freedom-can-trump-improve/
