Economic Feedom Declines : Progressives Are Winning?

With the attack on personal freedom and liberty from the Obama administration, it doesn't take a huge intellect to comprehend the agenda of forced dependence and therefore a decline of prosperity.

The fact that this is taking place without a huge push back from the citizens bodes poorly for out country. Remember the frog in the water before the heat was added? The frog says this isn't so bad but as the water gets hotter, all of a sudden the frog says hey this isn't good, I want out, but by then it's too late, his goose is cooked. 

What this says is, most of the voting public can't take time form texting and their IPads to see how the water is getting and hotter and hotter.

Elections do have consequences, and those who voted last November for decline in our country need to have some way of getting some good information on how the country is headed into a darkness that we may not have the fortitude to come back from.

I understand that being born in the great country and then growing up in the last two decades it is very hard to get your head around the fact our government is actually doing what ever it can to destroy the American dream of personal freedom that leads to prosperity. This just can't be, right? Wrong! It's happening now and a majority of the population agrees with the agenda of "fundamental" destruction.

Economic Freedom Declines in America for Fifth Straight Year
Source: Terry Miller, "In the Index of Economic Freedom, Liberalization Slips," Wall Street Journal, January 14, 2013. "2013 Index of Economic Freedom," Heritage Foundation, January 2013.

January 21, 2013

A new joint publication by the Heritage Foundation and the Wall Street Journal depicts a world where economic freedom is decreasing.

• Despite "democratic progress" following the Arab Spring in the Middle East, autocratic practices reminiscent of past dictators have led to significant economic freedom declines in Egypt, Algeria and Saudi Arabia.
• Countries with lower economic freedom have weaker rule of law and create environments conducive to government corruption, political favoritism and oligarchical elitism.
• More developed countries are also a cause for concern as they engage in redistributionist policies.

The income and wealth transfers that advanced democracies initiate reduce the incentives to work and invest. To quell this trend, policies that strengthen the legal protection of property rights and protect individuals from arbitrary regulations promote greater economic freedom.

• Europe leads the way in economic freedom improvement under the auspices of a Eurozone collapse and austerity measures that have reined in public spending and taxes.
• In the top 10, Hong Kong, Australia, New Zealand, Switzerland, Canada, Mauritius, Denmark and the United States all lost ground this year.
• Notable countries considered "repressed" by the report include North Korea, Cuba, Iran, Congo, Argentina, Ecuador and Haiti.
• Notable countries considered "mostly unfree" include China, Bangladesh, Brazil, the Philippines, Greece, Pakistan and India.

Declining global economic freedom has implications for health, education, poverty reduction and environmental protection. Bolstering trade, ensuring financial institutions are sound, reducing deficits and public debt, and minimizing taxes are all valid efforts in maximizing economic freedom.