Economic Freedom: boiling the frog slowly

“The Cato/Fraser Institute annual report on economic freedom in the world is just out, and it contains the unsurprising but still infuriating news that the United States has slipped from the ranks of the top ten freest economies in the world.  Another achievement President Obama will no doubt celebrate.  In the latest rankings, the U.S. dropped to 18th place, after ranking around third for most of the two decades between 1980 and 2000.  The authors of this year’s report, James Gwartney, Robert Lawson, and Joshua Hall comment

This is related to the surface media brouhaha about a Mother Jones recording of a Romney fund raising meeting. The ‘gaffe’ (can’t call them lies any more as they’ve been caught on that too often) is the revelation of a truth: that many in the U.S. don’t pay income tax and have become dependent on government largess rather than their own initiative. Responsibilities are handed off, freedoms sold.

Steven Hayward notes that it is Obama Versus Economic Freedom. It seems like the parable about how you should boil the frog slowly so he won’t notice how hot the water is until it is too late.

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