Early this year, the 2010 Index of Economic Freedom, the Heritage Foundation’s data driven policy guide, reported that our economy is no longer in the top tier of economically free countries. Worse, still, we slipped behind our northern neighbor Canada for the first time in the Index history. This disappointing …
The eleven year old euro zone, the world’s second largest economy after the U.S., confronts a cold reality: its members lost economic vitality over the euro’s first decade, as shown in this WSJ chart. The WSJ reports: [The] appetite for structural overhaul is low among Europeans, who have long believed …
Tomorrow, the European Union will unveil its Europe 2020 strategy, designed to make Europe the most competitive, dynamic, knowledge-based economy by 2020. If the slogan appears familiar, that’s because it is. In 2000, the EU launched its Lisbon Agenda, to make Europe the most competitive, dynamic, knowledge-based economy by 2010. …
At The Huffington Post Nelson Davis, Executive Producer of MAKING IT! Minority Success Stories, describes his recent discovery of The Heritage Foundation’s 2010 Index of Economic Freedom. He came across the Index for the first time this year and while surprised by the results—showing a decrease in economic freedom in …
Red tape – rules, regulations, restrictions and mandates imposed on America – rose alarmingly in 2009, mirroring the overall decline in economic freedom in the United States, as reported in this year’s Index of Economic Freedom. That’s the conclusion of an upcoming Heritage Foundation report detailing trends in federal regulation. …
Despite China’s 8.7 percent economic growth last year, double-digit annual increases in defense spending since the early 1990s, and holding $800 billion in U.S. treasuries, it is far from overtaking the U.S. role as global leader. Its closed economy, undervalued currency, and state-controlled exports keep getting in the way. In …
Last week, Secretary of Commerce Gary Locke delivered a speech at the National Press Club titled “Back to Basics: A Blueprint for Exports-Driven Job Growth,” and remarked that “[President Obama’s National Export Initiative] will correct an economic blind spot that has allowed other countries to chip away at America’s international …
High corporate tax rates are undermining U.S. international competitiveness. The global economy continues to demand that companies be flexible and swift in order to remain competitive. High tax rates deprive companies of both the means and the incentive to take advantage of new market opportunities or technological changes that can …
