This should be a screaming wake-up call to every American that truly cares about America and those who will come after us:
Via cato-at-liberty.org (bolds are mine):
The U.S. Takes a Dive in Economic Freedom of the World Index
Posted by Ian Vasquez
Economic freedom in the United States has plummeted to an all-time low. According to the Economic Freedom of the World: 2012 Annual Report, co-published today with the Fraser Institute, the United States’ ranking has dropped to 18th place after having ranked 3rd for decades up to the year 2000. The loss of freedom is a decade-long trend—the United States ranked 8th in 2005—that has accelerated in recent years.
Virtually every U.S. indicator has seen a deterioration. Government spending and regulations have grown, the rule of law and protection of property rights have weakened, and foreign investment and non-tariff barriers have increased. Authors James Gwartney, Robert Lawson, and Josh Hall note some of the reasons for the decline, including the war on terror and the growth of crony capitalism.
Click here for the rest of the story.
No, our national economic decline did not start with Barack Hussein Obama, and it is not going to end with Mitt Romney. However, if this nation is to have any chance at all of turning itself around before it goes over the edge of the abyss, Obama must be voted out in November, because this trend cannot be allowed to continue much longer.
Showing Obama the door is only a first step.
Then the really difficult work begins.