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Telling Our Children of Economies That Were Free June 24, 2021

Posted by geoff in News.

(Apologies to the memory of Ronald Reagan) The Heritage Foundation released its annual Economic Freedom Index three months ago. Here’s how the US is doing:

You could argue that the blue curve should be shifted 6 months to the left to correspond to real-world events, since the 2021 report actually reflects freedom in 2020. But even so I think you can correlate certain events. Nancy Pelosi’s assumption of control of the House in 2007 and 2019 also come to mind.

The bottom line is that economic freedom has never been lower, due to the COVID-19 crisis and the government’s overreaction thereto. The question is if it will bounce back and continue on the post-Obama upward trend.

Not likely.


1. lumps - June 28, 2021

mufaku depressing

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