Tuesday, January 13, 2009

World's Freest Economy

The numbers are out this year, ranking the world's economies from the most free to the least.  I think most of us would generally expect the United States to stand securely at the top of that list.  Turns out that the Heritage Foundation has ranked Hong Kong as the world's freest economy, for the fifteenth year in a row!  Take a minute to review the article.  You may or may not be suprised to see that the United States slipped to sixth place this year, because of "increased government spending and tax revenue as a percentage of gross domestic product."  Must say that I am not a little disapointed.

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