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New Ranking: America Now Less Economically Free Than Estonia

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by Tara Dodrill, Off The Grid News

America’s longstanding world power designation was at least partly established due to a thriving and robust economy.

Unfortunately, though, the United States did not make the top 10 list in a new ranking of the most economically free countries for 2014. Old Glory is now flying at Number 12 on the list, well behind Hong Kong, Estonia, Singapore and others. When President Obama took office, America ranked Number 6.

The Economic Freedom Index is a joint publication by the Wall Street Journal and the Heritage Foundation, with 10 distinct set of criteria used to measure a nation’s economic health. The measurements are based upon fiscal freedom, government spending, trade freedom and corruption, among other categories.

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© 2014 Off The Grid News

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