U.S. RANKS 25TH IN ECONOMIC FREEDOM

Written by on February 20, 2022

U.S. RANKS 25TH IN ECONOMIC FREEDOM

Shared By Peter Boykin – American Political Commentator / Citizen Journalist

U.S. RANKS 25TH IN ECONOMIC FREEDOM

 

Let’s go, Brandon…

Joe Biden continues to set records for all the wrong reasons. Under the first year of his Residency, the United States plunged to an all-time low on the Heritage Foundation’s annual Index of Economic Freedom.

The U.S. fell 2.7 points to a record-low score of 72.1
We also fell to our lowest-ever global ranking of 25th

The index looks at several categories when calculating scores: rule of law, size of government, regulatory efficiency, free markets, property rights, judicial effectiveness, government integrity, and tax burden.

Heritage Foundation President Kevin Roberts said: “The decline of American economic freedom is serious cause for alarm and has real and tangible consequences for all Americans, especially low-income families and the working class.”

The top 5 countries on the Economic Freedom index were:

Singapore, Switzerland, Ireland, New Zealand, Luxembourg

The bottom 5 countries were:
North Korea, Zimbabwe, Sudan, Cuba, Venezuela

[Source: Fox Business/Heritage Foundation, Waking Up Right]

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