The United States continues to slide on the Heritage Foundation's index of economic freedom falling to 12th place, behind Estonia. This is no surprise to me as the American central government continues to intervene in what used to be a free enterprise system that is now a centrally planned and effectively corporate fascist state. As economic liberty falls, so will incomes, employment and standards of living.
The US is now living on past accomplishments and with government and the people's expectation of government intervention, I do not think that the nation will be able to extricate itself from this slide. We are fast becoming just another non-descript Euro socialist state.
Country Rankings: World & Global Economy Rankings on Economic Freedom