Tag Archive: US Ranking Plunges


The Current State Of U.S. Entrepreneurship Leaves A Lot To Be Desired

 

Business Closings Hold Steady While Business Startups Decline

 

 

” The current state of entrepreneurship is receiving considerable attention as debate simmers around questions of business dynamism in the United States. According to a Gallup article, the U.S. has dropped to 12th among developed nations in terms of business startups. Economists also recently found evidence for this downward trend in business activity and attribute it to diminished incentives for entrepreneurs to start new firms.

  This raises some questions: What exactly are the factors leading to the decline in business activity in the United States? And what can be done to revive the American entrepreneurial environment?

  Economists identify the costs imposed on entrepreneurs by the regulatory environment as one of the most important influences on business dynamism. Where regulations make it difficult to start and operate businesses, entrepreneurs have a difficult time bringing new ideas and innovations to fruition. Promising entrepreneurs who face burdensome regulations might opt out of doing business or decide to take their ideas to countries with more favorable business climates.”

 

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America’s Dwindling Economic Freedom

 

 

” World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries.

  For 20 years, the index has measured a nation’s commitment to free enterprise on a scale of 0 to 100 by evaluating 10 categories, including fiscal soundness, government size and property rights. These commitments have powerful effects: Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity and social progress. Botswana, for example, has made gains through low tax rates and political stability.”

 

   Heck of a job Barack . Now the “Land Of Liberty” needs to take lessons in freedom from Mauritius ? More on this story at the WSJ  and you can view the rankings with methodology and percentages of change year over year at Heritage.org

 

 

Economic Freedom Index 2014

 

 

The “One” promised change and that’s what we’ve got . No one ever said the change would be good .