Big government policies like regulations on commerce and cronyism are to blame for the United States’ 12th-place ranking in Heritage’s 2015 Index of Economic Freedom, Rep. Paul Ryan (R-WI) said today at The Heritage Foundation.
In a speech to help launch the Index, Ryan added that that Heritage has been instrumental in making the case against cronyism. Cronyism, which involves special interests using the power of government for their own benefit, is extraordinarily damaging to free economies.
“Opportunity for all and favoritism to none should be our creed at home and abroad,” Ryan said. “Opportunity for All, Favoritism to None” is the name of a 192-page Heritage report detailing a policy agenda for the new Congress.
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