New Data Reveals U.S. Far From Freest Country in the World

According to the annual Economic Freedom of the World report, the United States has dropped to #16 in an index of economic freedom.

The list, released by the Fraser Institute, ranks countries around the world by a number of different factors that include the size and scope of government: expenditures, taxes, enterprises, legal structure and security of property rights, access to sound money, freedom to trade internationally, and regulation of credit, labor, and business were all evaluated.

The study also considered income levels and poverty rates.


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