Economic freedom in the U.S. drops to its lowest point in four decades.
The Democrats hate you and wish to destroy every good thing, every joy this fine country had to offer. The daily social fabric of our lives is disintegrating at whiplash-inducing speed.
Get out and vote in November. We must overwhelm the tallies to thwart these election fraud criminals.
By: Eric Cervone, The Blaze, September 18, 2022:
The United States is significantly less free economically than it was a year ago, according to the Canada-based think tank Fraser Institute.
Each year, the Fraser Institute releases a report entitled “Economic Freedom of the World,” a ranking of countries around the world by economic freedom. This year’s ranking uses data from 2020 to order countries from most free to least free. The ranking is calculated using numerous factors, including size of government, respect for property rights, freedom to trade, monetary policy, and regulation.
“When you talk about economic freedom, you’re talking about people being free to trade with others, compete in markets, and keep what they earn,” said Florida State University economics professor James Gwartney, who co-authored the report. “Economic freedom is about people being free to mold and shape their own lives.”
The United States slots in at 7th place, down one spot from last year. But the U.S.’s score dropped more significantly, down from 8.25 to 7.97 on the index’s 10-point scale. The reason why America lost only one spot in the rankings is because economic freedom around the world fell in 2020, according to the Fraser Institute. The report shows that the average economic freedom rating fell to 6.84 in 2020, down from 7.00 in 2019, “erasing about a decade’s worth of improvement in economic freedom in the world,” the report states. However, average economic freedom is still up compared to 2000.
RELATED VIDEO: Biden’s America has gone to crap (literally)
EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.