An Obscure French Concept Is Screwing Up Markets and Ruining the Country

A day after July 4th, let's take a look at what has really happened to the U.S. economy, and why government will only create more challenges for our lives.

Dear Fellow Expatriate,

Now that July 4 is in the rearview mirror, it’s time to talk about the economic trend making us less free by the day.

My eyes cross when I hear pseudointellectuals on MSNBC and CNN claim America’s problems are the results of free-market capitalism.

I laugh in their faces because their claims are laughable – they imply the United States is an economically free nation.

Consider the Heritage Foundation’s Economic Freedom Index, where the U.S. has plunged from 8^th to 25^th place in less than 15 years.

We face massive debt levels thanks to a government that runs massive deficits and puts its thumb on the scale in almost every industry. The folks in government who own said thumbs are incompetents who think they have a better understanding of how business works than people who run businesses. We have the Federal Reserve, which has decimated our currency’s value over the last 30 years. 

It's maddening. And the solution to failed government influence… is always more government…