Depressing

economic_freedom

Click graph for more legible image.

So depressing… The red line in the chart above chronicles the steady erosion of America’s economic freedom, the fountainhead of its prosperity. The United States’ score has fallen seven years straight, from one of the Top 10 freest economies to No. 12, according to the 2014 Index of Economic Freedom published by the Heritage Foundation in partnership with the Wall Street Journal. Canada now has a freer economy than the United States. Egalitarian socialist icon Sweden has almost caught up with us.

What have we gained in exchange for the loss of freedom? More economic prosperity? Hardly? More social justice? Not if you believe President Obama. More political power concentrated in Washington, D.C., to be exercised by liberals and progressives? Ah, now we’re getting somewhere.

— JAB