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Liberty, USA: From #3 to #18 Worldwide, 2000 to 2010

Written by Gary North on October 1, 2012

How the mighty have fallen.

The Canadian think tank, the Fraser Institute, rates nations each year in terms of liberty. It is a useful service. Here is the grim news from the 2012 report.

The United States, long considered the standard bearer for economic freedom among large industrial nations, has experienced a substantial decline in economic freedom during the past decade. From 1980 to 2000, the United States was generally rated the third freest economy in the world, ranking behind only Hong Kong and Singapore. After increasing steadily during the period from 1980 to 2000, the chainlinked EFW rating of the United States fell from 8.65 in 2000 to 8.21 in 2005 and 7.70 in 2010. The chain-linked ranking of the United States has fallen precipitously from second in 2000 to eighth in 2005 and 19th in 2010 (unadjusted ranking of 18th).

Here are the top 30 nations.



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6 thoughts on “Liberty, USA: From #3 to #18 Worldwide, 2000 to 2010

  1. Mr Mike Reality says:

    Things are not looking so good. Can we afford to drop much lower?

  2. Not a Paper Patriot says:

    If O gets his way, the U.S. will not even be ON the list in a year or two!

    Think I am exaggerating? Wait and see. Even Zim will be better.

  3. Rabelrouser says:

    Another prime example of how, through the manipulations of our economy by the Federal Reserve (and those in congress / senate who ignore and support its fraudlent practices), our economy is free falling to an eventual collapse. The Fed institutes inflation and deflation, promotes government policy which creates the regulations and legislation that stymie business growth. Too many merely think that the Fed is part of the government, which it IS NOT, but it does control the government and your daily lives, even though it is a private banking system.
    If you want this to continue, keep playing the political, tribalistic games; but if you want to stop this and go back to real currency and less national debt, and more economic freedom; educate yourself and others to the Fraud that is the Federal Reserve and work to get rid of it.
    You will be surprised how after a short period of correction this nation again will have one of the greatest economies in the world. But if you continue to ignore this, our economy will collapse as was planned by the Fed.

  4. Texas Chris says:


    But we shouldn't stand for it. the founding fathers would have been shooting by now.

  5. (1) This mess started when senile Reagan used credit cards to hide his deficits, and then BABYBush doubled the debt. It was RepubNEOCONS who put us here.
    (2) We have to quit “thanking the Veterans for our FREEDOMS” They are not doing a very good job.

  6. Rabelrouser says:

    Duane, it is always telling when a particular party or person gets blamed for the present economic chaos that this nation is in. With a lacking of factual information, one can make such assumptions; not that it makes their conclusion right. This nations problems started when the independent and private Federal Reserve took over the currency and monetary system of the nation; and it has steadly grown to the over burdening debt that we have today. This system was implemented in 1913, and by a democrat (Aldrich, Nelso rockefellers maternial grandfather)
    Both party's and their elected representatives are responsible, very few without blame, they knowingly have allowed this and created the growth of debt by spending freely a false currency in an equally false economy.
    Yes, the military industrial complex was a huge contributing factor, but that was through the prompting and financial involvment by the fed who financed both sides of any war / confict. sence WW1.
    Education to the facts, keeps the political tribalism from becoming a false truth; and most are unwilling to follow that route.