(Page 2 of 2)
And look at France. It ranks 64th, behind Mexico, Peru, and Latvia! Yet France is a much wealthier country.
"France is doing their best to fall out of the index," Beach explained. "That's a country that says, 'We'd rather not be economically free if we can be economically secure.'"
Which countries should we keep an eye on in the future? Beach says parts of Central and South America are awakening. "Brazil has pretty much broken through after years of doing the right thing and is on the verge of serious sustained economic growth."
And Mexico is improving: "If Mexico could fix its drug war problem, we'd see the good things happening there."
If we want to reverse America's decline, we'd better get to work. There's a lot of government to cut.
John Stossel is host of Stossel on the Fox Business Network. He's the author of Give Me a Break and of Myth, Lies, and Downright Stupidity. To find out more about John Stossel, visit his site at johnstossel.com.
COPYRIGHT 2010 BY JFS PRODUCTIONS, INC.
DISTRIBUTED BY CREATORS.COM