Angola and the Economic Freedom Index - BMW Luxury Touring Community
 
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post #1 of 2 Old May 28th, 2008, 10:09 am Thread Starter
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Post Angola and the Economic Freedom Index

...Just perusing some world news and found out that Angola ranks pretty poorly on the world Economic Freedom Index:

Angola is significantly below the world average in seven of the 10 freedoms. Inflation is high, regulation chokes business, investment is basically unwelcome, corruption is crippling, and political influence mars the judiciary. Commercial regulations are a severe hindrance to opening and closing a business, and inconsistent, confusing regulations make it hard to operate a successful company.

This description sounds frighteningly similar to another country I know.

One good thing we have going for us here in Amerika is that gas is now only $4.00 a gallon, whereas it is over $20.00 in Angola.


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post #2 of 2 Old May 28th, 2008, 11:04 am
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Re: Angola and the Economic Freedom Index

We definitely have all of that here. The expansion of government is why the US is no longer #1 on this list, and will continue to drop.

Hey, at least we beat Norway!

When a government takes over a people’s economic life it becomes absolute, and when it has become absolute it destroys the arts, the minds, the liberties and the meaning of the people it governs.
- Maxwell Anderson

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