The Right Coast

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Friday, September 19, 2008

Canada More Economically Free than the United States
Mike Rappaport

according to the newly issued economic freedom of the world report from CATO/Fraser.   Sorry, but for a long time canadaphobe like me, that is just embarrassing.  What's next?  France surpasses us?  I don't mind a country like Ireland surpassing the US, since they actually seem -- from my distance at least -- to be economically free.  The French, of course, do not seem to be.  Nor do the Canadians, with their socialized medicine, but then again appearances can be deceiving.  As I have indicated in the past, a country like Denmark is pretty darn free at 13.  And, of course, lately the US doesn't seem very economically free, with nationalizations occurring left and right.    

Also interesting is that the UK is number 5, also 3 spots above the US.

Update: I just couldn't deal with it the news, so I checked the other economic freedom report from the Wall Street Journal/Heritage.  Happily, they have Canada below the US, but if things continue as they have, that may not last long. 

http://rightcoast.typepad.com/rightcoast/2008/09/canada-more-eco.html

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Mike Rappaport
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Comments

The UK is a bloody sight less free that it used to be, but it's "economic" freedom they're measuring, whereas it's political freedom that we've been losing in Britain, plus a loss of freedom from the sort of stifling conformism that used to be thought a characteristic of the US.

Posted by: dearieme | Sep 19, 2008 4:05:56 AM

Yes, Canada has been always presented having less economy freedom than the USA, on the other hand I think in recent years there has been opposite trends in our countries - there were some deregulations done by conservatives, on the other hand your economic freedom pretty suffered, especially in these days. And some things are not so different as they may seem - for example, your health care funding is some 50:50 (public vs. private), our is 70:30, so it's not so big difference....
Regards,
Elli

Posted by: Toronto real estate agent | Sep 20, 2008 3:58:50 AM