John Mackey gives his opinion on why the US economy is barely growing and unemployment is stuck over 9%. The US accounts for 23% of the world total GDP. GDP per capita has increased almost 2,000% in the US over the past two centuries. The US became the wealthiest country because for most of its history it has followed the basic principles of economic freedom. Economic freedom is declining in the US. In 2000, US ranked 3rd in economic freedom. Now, in 2011, the US ranks 9th. This is a problem; however, Mackey says that increasing economic is the key to increasing the number of jobs.
For further reading on Mackey's suggested reforms here is the link: http://online.wsj.com/article/SB10001424052970204358004577032442153911170.html?mod=WSJ_hp_mostpop_read
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