And we know what that means.... liberal policies are at work. Thank you democrats. Thank you for stifling growth in America. It's all explained so effortlessly below that even NJ should understand.
http://news.investors.com/ibd-edito...15-757072-us-economic-freedom-falls-lower.htm
Capital doesn't fall like manna from heaven. It takes time and sacrifice to build — and incentives are all-important. Businesses will invest in physical capital when they expect to reap a profit; individuals will acquire intellectual capital when they foresee higher paying jobs. High rates of return will encourage saving, lending and investment.
More people will strive for these rewards when property rights are secure, taxes are low and governments hold their regulatory meddling to a minimum. In short, capital will grow more rapidly when nations commit to markets and economic freedom — the longer the better.
High and rising economic freedom spurs the creation of capital in all its forms, planting the seeds for rising living standards. Where economic freedom falters, capital will be scarce, misused and poorly maintained. Over time, people will become poorer.
http://news.investors.com/ibd-edito...15-757072-us-economic-freedom-falls-lower.htm
Capital doesn't fall like manna from heaven. It takes time and sacrifice to build — and incentives are all-important. Businesses will invest in physical capital when they expect to reap a profit; individuals will acquire intellectual capital when they foresee higher paying jobs. High rates of return will encourage saving, lending and investment.
More people will strive for these rewards when property rights are secure, taxes are low and governments hold their regulatory meddling to a minimum. In short, capital will grow more rapidly when nations commit to markets and economic freedom — the longer the better.
High and rising economic freedom spurs the creation of capital in all its forms, planting the seeds for rising living standards. Where economic freedom falters, capital will be scarce, misused and poorly maintained. Over time, people will become poorer.
