Did you see Terry Miller’s op-ed in The Wall Street Journal? The heart burn is coming back.
The United States is losing ground to its major competitors in the global marketplace, according to the 2010 Index of Economic Freedom released today by the Heritage Foundation and The Wall Street Journal. This year, of the world’s 20 largest economies, the U.S. suffered the largest drop in overall economic freedom. Its score declined to 78 from 80.7 on the 0 to 100 Index scale.
The U.S. lost ground on many fronts. Scores declined in seven of the 10 categories of economic freedom. Losses were particularly significant in the areas of financial and monetary freedom and property rights. Driving it all were the federal government’s interventionist responses to the financial and economic crises of the last two years, which have included politically influenced regulatory changes, protectionist trade restrictions, massive stimulus spending and bailouts of financial and automotive firms deemed “too big to fail.” These policies have resulted in job losses, discouraged entrepreneurship, and saddled America with unprecedented government deficits.
In the world-wide rankings of economic freedom, the U.S. fell to eighth from sixth place. Canada now ranks higher and boasts North America’s freest economy. More worrisome, for the first time in the Index’s 16-year history, the U.S. has fallen out of the elite group of countries identified as “economically free” by the objective measures of the Index. Four Asia-Pacific economies now sit atop the global rankings. Hong Kong stands in first place for the 16th consecutive year, followed by Singapore, Australia and New Zealand. Every region of the world maintains at least one country among those deemed “free” or “mostly free” by the Index. ….
Read the whole thing and weep. Let’s hope that the election of Scott Brown last night will be the ballast that can help right this ship. Let’s hope some other unknowns will step up and run bold campaigns to fight the Leviathan that our federal government has become. Because he can’t do it alone.
Update: Memeorandum has picked up the story.
Even as we continue to fight, pray, and donate to conservative candidates for the primaries and for November, it is always good to remember that Obama is slowly taking on more power for the executive branch. Losing Congressional support apparently has occurred to him, as he not only has set EPA Director Lisa Jackson on course to make environmental changes, but also tonight I read about his State of the Union speech next week in which he will talk about a commission he will create within the executive branch which will determine how the government can spend less money. Although Brian Dorgan will introduce legislation soon in the Senate which speaks to a commission for this purpose, it is expected the Senate will vote it down.
Let’s keep track of executive orders, too.
Like or Dislike:
0 
0
“I have not yet begun to fight.” John Paul Jones 9-23-1779
Tonight is the start.
Opening shots in the fight we will take to the Dems in November….and beyond.
Live Free or Die
Like or Dislike:
0 
0
The good people of Massachusetts told pollster after pollster that they wanted to send a message to Washington. My! My! That message has been received loud and clear:
“WE’RE NOT PAYING ATTENTION!”
Congratulations, Massachusetts!
http://www.tomdegan.blogspot.com
Tom Degan
Goshen, NY
Like or Dislike:
0 
0
Just the opposite. They ARE paying attention, and NOT buying the snake oil. “Quality, affordable healthcare for all.” Do you really belive that tripe? Really??
Global warming …opps…”Climate Change.”
and next up….Amnesty. “Undocumented immigrants”
You belive these too.
No, the message is to stop the progressive agenda, big gov’t, big spending and yes, big brother.
Like or Dislike:
0 
0