Wednesday, November 16, 2011

Needed: Economic Freedom

John Mackey, CEO of Wholefoods, has a great Wall Street Journal opinion piece on the need for economic freedom in America—i.e., economic reforms that would get the American economy moving again. From his editorial:
So why is our economy barely growing and unemployment stuck at over 9%? I believe the answer is very simple: Economic freedom is declining in the U.S. In 2000, the U.S. was ranked third in the world behind only Hong Kong and Singapore in the Index of Economic Freedom, published annually by this newspaper and the Heritage Foundation. In 2011, we fell to ninth behind such countries as Australia, New Zealand, Canada and Ireland.

No comments:

Post a Comment