Government is the Problem
by Alex Adrianson, Insider Online: That’s basically what the Harvard Business School’s 2013-14 Survey on U.S. Competitiveness has found. James Pethokoukis notes the following chart from the study, which “shows how respondents categorized various elements of the American business environment and how they have shifted since the original 2011 survey.”
Pethokoukis:Among those elements described as a “strength and improving”: capital markets, corporate management, universities, property rights, supply chains, and entrepreneurship. Among those elements described as a “weakness and deteriorating” are the K-12 education system, the tax code, regulation, and the efficiency of the legal system. [AEIdeas, September 9] Could it be that when the federal government does too many things, it becomes inept at doing even the things it is supposed to do—like operate a legal system? As we observed in May, states that score high in economic freedom (generally meaning that they tax, spend, and regulate less) are also the most trusted states:The seven most-trusted states [according to Gallup] have an average ranking of 11.9 in the ALEC-Laffer Economic Outlook measurement and an average ranking of 15.3 in the Mercatus Center’s economic freedom index. The corresponding average rankings for the seven least-trusted states are 38.9 and 39.6. (A ranking of 1, for example, means the state achieved a better score than each of the other 49 states; while a ranking of 50 means the state achieved a worse score than each of the other 49 states.) [] And, by the way, the U.S. score in the Index of Economic Freedom has fallen from 81.2 to 75.5 since 2007. [2014 Index of Economic Freedom, The Heritage Foundation and Wall Street Journal] And, by the way, the U.S. score in the Index of Economic Freedom has fallen from 81.2 to 75.5 since 2007. [2014 Index of Economic Freedom, The Heritage Foundation and Wall Street Journal]
Tags: Government, the problem, economic freedom, NSERT TAGS To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
Pethokoukis:
Tags: Government, the problem, economic freedom, NSERT TAGS To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
1 Comments:
Yes they are the problem.
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