No longer economically that free

The Heritage Foundation's Economic Freedom Rankings just came out and surprise, surprise the US's ranking plummeted faster than any other country in the world. The US now has the second freest economy - In North America. Boy, risk investors just love stuff like this.

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.

Hope! Change!