America's Global Standing

Barack Obama made much of America's supposed declining global standing in popularity under George Bush. Unfortunately, under Obama, America's standing on things that really matter has fallen. The Heritage Foundation and Wall Street Journal produce an annual ranking of economic freedom among all the nation's of the world.

The U.S. suffered the largest drop in freedom among the world's 20 largest economies, and now ranks eighth on the list - behind Canada and Ireland.

The list is highly correlated with prosperity, so America's decline is further evidence that Obama's policies are retarding our growth prospects.

Is that part of the "change" Americans intended to vote for with Obama's election?