U.S. RANKS 25TH IN ECONOMIC FREEDOM

Written by Peter Boykin on February 20, 2022

U.S. RANKS 25TH IN ECONOMIC FREEDOM

Shared By Peter Boykin – American Political Commentator / Citizen Journalist

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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