WASHINGTON (Sputnik) — Murray was referring to a report by the International Institute for Management and Development that dropped the United States to third place after three years in the top slot, with the US economy trailing Hong Kong and Switzerland.
"This finding mirrors other international indices that have seen the US tumble from its position at the top of the rankings for economic freedom," Murray stated on Tuesday.
The White House Office of Management and Budget recently published a list of more than 3,000 rules in the regulatory pipeline.
The website Freedom Works cites a number of examples of seemingly arcane rules that make it nearly impossible for small businesses keep up. For example, it is illegal for restaurants to sell onion rings made with diced onions, or for wine makers to promote their products as intoxicating.
