Over the last 100 years, the US was the place where the smart money went. Regardless of the party in charge, the business of America was always business and people who wanted stability bought the dollar. We thrived in all conditions and our political leadership always maintained calm, steady economic liberty.
Not anymore. The increased regulations set forth by the EPA and other agencies coupled with high corporate taxes and failed ventures in "green tech" have left us a shell of what we used to be and a poorer nation as a result. We've sunken to depths unheard of and been passed by nations that have a socialist side to them but also maintained the economic freedom so cherished by investors both here and abroad:
Canada has taken its place among the Top 5 countries with the most economic freedom, according to a new Fraser Institute report — now leaps and bounds ahead of the United States thanks to the gradual shrinking of the Canadian government since the mid-1990s as America’s just got bigger.And where is the good US of A? Try 18th.