U.S. economic freedom slipping away

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  • Mister J Salt Lake City, UT
    Jan. 18, 2013 12:35 p.m.

    2 Mountanman...

    Its is the fault of both Bushes, Bill C, & Barry. Those Ivy League schools are breeding grounds for Fabian Socialism.

  • Screwdriver Casa Grande, AZ
    Jan. 17, 2013 4:33 p.m.

    Economic freedom to me means I can quit my well paying job for another if my boss is a jerk. It means I can work my my out of debt without 2 jobs.

    That's just a dream for the lower half and a fleeting memory for the rest except the top few percent.

  • Irony Guy Bountiful, Utah
    Jan. 17, 2013 1:52 p.m.

    Come on, Jay, stop playing so breathless about the Heritage Foundation. You know their answer to any question is totally mind-numbingly predictable. IMHO people are far freer economically than they used to be, for good or ill. We're moving back into Medieval times where it's every man for himself, i.e. Wall Street gets to sell endless "tranches" of worthless mortgages with total impunity. It's not freedom that's been lost, it's TRUST.

  • The Economist Newport, PA
    Jan. 17, 2013 1:12 p.m.

    I disagree with this article, but have concerns about our economic freedom. We are getting ourselves into deaper debt and that has to potential to put us into bondage for many years. I also disagree with President Reagan who said that "deficits don't matter." I believe they do.

  • UtahBlueDevil Durham, NC
    Jan. 17, 2013 12:27 p.m.

    I am not sure how they scored or weighted their results, but Singapore, greater economic freedom for who? Not individual citizens. I work from Singapore a handful of times a year. I have had offers to relocate there. The "Heritage" foundation reports these fifty little tax number - income tax - as support of their economic freedom index, and yet they forget little thing like all the other taxes and fees citizens pay to live there. You can't buy even a basic car in Singapore for under 75,000 use, Something that cost 30 or 40 k here to drive, your talking 70 to 100k there - mostly in taxes. Same with homes or apartments.

    Yes, the unemployment rate is low - because they import all their manual labor jobs in. The bring hundred of thousands in from the islands and India to do their blue color jobs... like construction... then when the job is done... they ship those people back out of the country.

    Singapore - more economically free than here. No way. For banks like HSBC, (recently admitted money laundering ivia its Singapore branches). But average joe. That is laughable.

    Nice try Heritage... but this is raw and pure propaganda... based on myths.

  • Roland Kayser Cottonwood Heights, UT
    Jan. 17, 2013 11:55 a.m.

    Most of the nations ranked above us are far more socialized and their governments consumes more in taxes than does ours.

  • Hutterite American Fork, UT
    Jan. 17, 2013 11:28 a.m.

    I wish we had all that money back we blew in Iraq.

  • Blue Salt Lake City, UT
    Jan. 17, 2013 10:37 a.m.

    In other words, Rupert Murdoch's Wall Street Journal and the increasingly hard right wing Heritage Foundation don't like President Obama, but they can't really offer specifics as to why.

    In other news, water is wet.

  • Ultra Bob Cottonwood Heights, UT
    Jan. 17, 2013 10:03 a.m.

    Reading this article, I was hoping to find some concrete, specific or actual information about the effect of National Debt, the loss of freedom or the loss of stature of America in the world. I am again disappointed in my effort.

    The main problem of accepting the information from publications like “the Index of Economic Freedom, an annual publication of the Wall Street Journal and the Heritage Foundation”, is the extreme bias toward commercial business and very little if any concern for ordinary people.

    The only hint of the loss of freedom comes from the 100 new government regulations statement. Colored by the writer’s descriptive words, the regulations imply something detrimental.

    Regulations are mainly detrimental to business but for the most part are freedom givers to ordinary people. So when conservative institutions and individuals use the word “people” they actually mean “businessmen”.

    If the economic freedom of business is slipping away in the favor of ordinary people, it is a good thing.

  • patriot Cedar Hills, UT
    Jan. 17, 2013 9:30 a.m.

    from a practical standpoint I would say low interest rates are THE most important thing for the middle class

  • Res Novae Ashburn, VA
    Jan. 17, 2013 9:25 a.m.

    So what were the specific factors that led to the US dropping on this scale? What criteria are used to judge economic freedom? What exactly is an upstart like Mauritius doing to jump into the top 10? How are countries whose economies are socialized, like Sweden, Denmark, and Canada, moving ahead of the US?

    Other than some vague appeals to Adam Smith, some tangential references to very recent Sandy and gun-control spending measures, and requisite references to Big Government -- there's not much substance to this without more detail.

  • christoph Brigham City, UT
    Jan. 17, 2013 9:04 a.m.

    Invasion of Iraq was expanding government. Why can't we say if big government is bad, so is big military; we can't because they are faces of people we know (in military). In the 1990's, taxes were raised and we got out of debt. In the 2000's, for the first time in our nations history, we went to war and cut taxes at the same time. First time. Nation building is costly. The two parties just disagree which nation we should be building.

  • merich39 Salt Lake City, UT
    Jan. 17, 2013 8:48 a.m.

    The WSJ and the Heritage Foundation aren't exactly renowned for their unbiased opinions. Those two organizations made a biased ranking of countries based on biased criteria. The result is just an opinion that should not be interpreted in any way as scientific evidence.

  • Mountanman Hayden, ID
    Jan. 17, 2013 7:57 a.m.

    Is it still Bush's fault?

  • liberal larry salt lake City, utah
    Jan. 17, 2013 7:07 a.m.

    By the way, the Heritage Foundation is funded by The Coors family, and the Koch family. Do you think that the study could possibly be right wing biased?

  • Maudine SLC, UT
    Jan. 17, 2013 3:40 a.m.

    Two conservative organizations use several criteria to decide that the United States is less economically free than it was 4 years ago and that several socialist countries are more economically free than the US.

    And this is cause for concern, but the author is not going to tell us the criteria or why we should be so concerned, nor is he going to offer solutions other than indicating that it might be because our government is too socialistic and we can't afford to care for our fellow citizens.

    Alrighty then!