USA no longer a top ten economy

The conservative low tax, low regulation Heritage Foundation no longer ranks the US in the world top ten of the 'freest economies'.

Although its score remains unchanged from last year, and it is still classified as free, the United States - now in a tie for 12th place with Switzerland - has been 'treading water'," according to the editors, "and hence has been surpassed by countries willing to open their economies still further."

Britain came 7th!