For more evidence, look to the success of Estonia, known as the Baltic Tiger. Of all the former soviet republics, Estonia has flourished. Why? There are many reasons including access to natural resources, but one major factor could be their largely free markets and flat tax system.
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A balanced budget, almost non-existent public debt, flat-rate income tax, free trade regime, competitive commercial banking sector, innovative e-Services and even mobile-based services are all hallmarks of Estonia's market economy.
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Now they are an emerging market, but so were their neighbors. Success is relative.
Their rebound from the global recession is also very indicative of free market rebounds. Yes, there are economic crises in free market economies, but they also tend to recover much quicker.
Re: Spooky Obama
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