When Obama took office, the United States was #6 in Economic freedom. The US is now #12. We are outranked by Hong Kong, Singapore, Australia, Chile, Mauritius, Ireland, Denmark and Estonia.
The United States, with an economic freedom score of 75.5, is the 12th freest economy in the 2014 Index. Its score is half a point lower than last year, primarily due to deteriorations in property rights, fiscal freedom, and business freedom. The U.S. is ranked 2nd out of three countries in the North America region, and although its score remains well above the world and regional averages, it is no longer one of the top 10 freest economies.
The US is now considered “mostly free”. As in, “Hey, its a mostly free country, buddy.”
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