{"id":26048,"date":"2022-05-19T12:51:08","date_gmt":"2022-05-19T16:51:08","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=26048"},"modified":"2022-05-19T12:53:10","modified_gmt":"2022-05-19T16:53:10","slug":"image-of-the-day-more-economic-freedom-greater-prosperity","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/26048\/image-of-the-day-more-economic-freedom-greater-prosperity\/","title":{"rendered":"Image of the Day:  More Economic Freedom = Higher Standard of Living"},"content":{"rendered":"<p>In last week&#8217;s <a href=\"https:\/\/cfif.org\/v\/index.php\/commentary\/43-taxes-and-economy\/5917-2022-index-of-economic-freedom-biden-drags-us-to-all-time-low-of-25th\">Liberty Update<\/a>, we highlighted the Heritage Foundation&#8217;s <a href=\"https:\/\/www.heritage.org\/index\/about\"><em>2022 Index of Economic Freedom<\/em><\/a>, which shows that Joe Biden has dragged the U.S. down to 22nd, our lowest rank ever (we placed 4th in the first <em>Index<\/em> in 1995, and climbed back up from 18th to 12th under President Trump).\u00a0 As we noted, among the <em>Index&#8217;s<\/em> invaluable metrics is how it demonstrates the objective correlation between more economic freedom and higher citizen standards of living, which this graphic illustrates:<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium\" src=\"https:\/\/mcusercontent.com\/dc8d30edd7976d2ddf9c2bf96\/images\/99fda220-e8ae-700c-fff8-2f7dfa149f0d.png\" width=\"543\" height=\"560\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In last week&#8217;s Liberty Update, we highlighted the Heritage Foundation&#8217;s 2022 Index of Economic Freedom, which shows that Joe Biden has dragged the U.S. down to 22nd, our lowest rank ever (we placed 4th in the first Index in 1995, and climbed back up from 18th to 12th under President Trump).\u00a0 As we noted, among [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[860,5148,4888,19,803,3944,2274],"class_list":["post-26048","post","type-post","status-publish","format-standard","hentry","category-posts","tag-biden","tag-biden-bust","tag-economic-freedom","tag-economy","tag-free-markets","tag-heritage","tag-index-of-economic-freedom"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=26048"}],"version-history":[{"count":3,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26048\/revisions"}],"predecessor-version":[{"id":26051,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/26048\/revisions\/26051"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=26048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=26048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=26048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}