Biden's economy drags US to all-time low in Heritage freedom index rating

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Biden's economy drags US to all-time low in Heritage freedom index rating
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The U.S. economy plunged to an all-time low, according to the Heritage Foundation’s 2022 annual Index of Economic Freedom.

on the world, we have dealt with one of the greatest political, social and economic upheavals of the past century," Roberts said.

"The lives and livelihoods of hundreds of millions of people have been deeply disrupted, not just by the virus, but especially by draconian lockdowns, intrusive public health mandates and restrictions on commerce and trade. Trillions of dollars in new federal spending have further weakened our economy and caused a historic spike in inflation.

"Most every economy included in the 2022 Index experienced negative growth in 2020, which is not surprising given that so many of the actions that governments have taken in the name of protecting public health have also reduced economic freedom," the editors of the index wrote. "These restrictions have exacted a cost in terms of human well-being that must be added to the enormous cost of the death toll from the disease itself.

Roberts used the report to call on the U.S. government to "get its fiscal house in order" and "unleash freedom." "We have an opportunity to speak to the very real concerns of Americans struggling in an economy where they are increasingly losing not just their freedom, but evermore of their hard-earned saving," Roberts said. "It’s time for the U.S.

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