Economic Freedom in America

A country’s economic freedom might be the secret to a prospering economy. According to The Heritage Foundation, “In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.”

The United States has been consistently ranked as one of the top 10 freest economies in the world, but how long will that last? Today, the United States is ranked below Canada for the first time ever. How has out of control spending and excessive regulation under the Obama administration affected our economic freedom and prosperity?

Check out this video for an assessment of America’s diminishing economic freedom and what it means for our future.

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