Country to move toPosted By Dave Snope |
Australia and New Zealand both have higher degrees of economic freedom than the U.S.
Australia's public debt is less than 25% of GDP. That's world's better than the U.S.'s economy handcuffed at 100%. That's a huge indicator of economic freedom right there. They also have strong property rights, strong open-market policies, light government spending, and efficient regulations that encourage entrepeneurship and free-trade.
Australia's public debt is less than 25% of GDP. That's world's better than the U.S.'s economy handcuffed at 100%. That's a huge indicator of economic freedom right there. They also have strong property rights, strong open-market policies, light government spending, and efficient regulations that encourage entrepeneurship and free-trade.