Declining Economic Freedom
If you hope that one day your children and grandchildren will enjoy more freedoms and opportunities than you did, you may be in for some disappointment. America is headed in the wrong direction, at least economically. The Heritage Foundation and the Wall Street Journal have released their annual Economic Freedom Index. It evaluates ten categories to measure this freedom including the size of government, government spending, corruption, property rights, fiscal soundness and more. The United States has been declining on this index for the last seven years, and it has now officially dropped out of the top ten most economically free countries, ranking a disappointing 12th. To give you some perspective, we were ranked 6th in the world when Barack Obama became president.
The United States is losing ground on many fronts, but the absolute worst was government spending. I've been harping on this for a while now. We as a nation cannot survive these record levels of debt: $17 plus trillion in debt, $90 trillion in unfunded liabilities. And Congress is about to spend another trillion in their fresh omnibus agreement! Debt does nothing but give us less options, which is why it equates to less freedom. If we do not change course, one day there may not be a United States to rank, at least not in its current form. This is why I proposed my conservative solutions for our economy, which you can read here. With everything that we have to offer as a nation, it's appalling that we continue to drop on this list. It's even more upsetting when you consider that there will be no change in this trajectory unless we make some substantial changes in this nation.
Young Shun ObamaCare
Yesterday it was revealed that the administration has failed to hit its targets for ObamaCare enrollees. Remember that the entire system is predicated on the notion that young people sign up in great numbers, subsidizing older participants. But that isn't what is happening. Uh oh! Before the disastrous launch of the ObamaCare exchanges in October, the administration said it needed 38 percent of all enrollees to be young people between the ages of 18 and 35 years old. The numbers released yesterday in an official report show that only 24 percent of current enrollees are young Americans. This is what happens when government tries to dictate behaviors Whatever you may believe, the fact is that the promise of lowered costs, keeping your plans, your doctors and less spending was all a sham.