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Commentary By e21 Staff

United States Continues Decline in Economic Freedom

Economics Tax & Budget

·         Since 2000, the United States has fallen from #2 to #19 in economic freedom.
 

·         Since 2005, Canada has been more economically free than the supposed laissez-faire United States—and the gap is widening.

 

·         Canada’s federal debt-to-GDP ratio is 35 percent. It is targeting a ratio of 25 percent by 2021. The U.S. ratio is 73 percent and rising.