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USA Drops to 25th Place in Economic Freedom

economic freedom

the staff of the Ridgewood blog

Ridgewood NJ, the Heritage Foundation has released its new Index of Economic Freedom for 2024, offering a detailed look at how countries around the world measure up in terms of economic liberty. While these rankings may overstate the extent of America’s decline, it’s clear that the nation’s shift towards socialism is a reality that can’t be ignored.

Not long ago, the United States consistently ranked among the top five nations for economic freedom. However, after 12 years under the Obama and Biden administrations, our position has slipped noticeably. The question remains: where would we be if this trend continued for another four years?

For most of human history, people have lived without economic freedom, trapped in poverty and deprivation. Today, however, we are witnessing the most prosperous era in human history. Thanks to the rise of economic freedom, poverty, disease, and ignorance are on the decline worldwide. The 2024 Index of Economic Freedom by The Heritage Foundation, Washington’s leading think tank, once again assesses the principles that have driven this remarkable progress.

The 2024 Index—the 30th edition—provides:

  • Updated economic freedom scores and macroeconomic data for 184 countries.
  • Easy-to-read country profiles highlighting the importance of economic freedom.
  • Online tools like customizable comparison charts and interactive data visualizations.

Promoting Economic Opportunity, Individual Empowerment, and Prosperity

For three decades, the Index of Economic Freedom has documented the positive impact of liberty and free markets across the globe. The 2024 edition reaffirms the strong connection between economic freedom and human progress, offering clear, accessible analysis for all.

With its updated resources and a user-friendly website, the Index of Economic Freedom is well-equipped to help readers understand the last 30 years of advancements in economic freedom, prosperity, and opportunity. It also serves as a valuable tool for promoting these principles in homes, schools, and communities across the world.

 

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3 thoughts on “USA Drops to 25th Place in Economic Freedom

  1. The make believe climate crisis and Kamala following bidens inflation reduction act will take the US much further down the list.

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  2. Thank you democrats! Vote them out!

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  3. #KamalaDidThis

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