Here’s Why Our Economy Sucks: Economic Freedom Dropped Again

The Heritage Foundation just released its 2016 Index of Economic Freedom and the United States dropped AGAIN – for the 8th time in 9 years

When Barack Obama took office, the U.S. was the 6th freest economy in the world and now it’s the 11th

The reasons:

  • An increase in spending of almost $30,000 per household
  • An increase in national debt of almost $125,000 per household – to over $18 trillion
  • The government takeover of healthcare has roiled markets and driven up prices
  • Regulations and bailouts have increased uncertainty – which stifles investment and business growth

Interactive graphic of the 10 freest economies:

See Full List of Country Rankings

Here’s a summary of their report:

There are only 5 “Free” countries (the U.S. at 11th is “mostly free”):Screen Shot 2016-02-01 at 1.14.23 PM

The President and his acolytes crow constantly about how the President and his policies have improved things. In reality, they haven’t.

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